Flat for Auction Palsana Surat 5.8 Lakh by Pegasus Asset Reconstruction Pvt Ltd
Palsana, Surat
Area: 585.00 sq. fts.
Swarnim Plaza, Moje Chalthan, Block No. 32 & 198, Palsana, Surat
Pegasus Asset Reconstruction Pvt. Ltd · Corporate Office: Mumbai
Reserve price
₹5,75,000
EMD ₹57,500
Auction date
23 Sep 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 585.00 sq. fts.
- ▸Locality: Palsana
- ▸Reserve: ₹5,75,000
- ▸EMD: ₹57,500
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Palsana |
| Built-up / plot area | 585.00 sq. fts. |
| Lender | Pegasus Asset Reconstruction Pvt. Ltd |
| Branch | Corporate Office: Mumbai |
| Unit / flat no. | Flat No. 406 |
| Building / society | SWARNIM PLAZA |
| Floor | Fourth Floor |
| Auction type | SARFAESI Auction |
| Service provider | Auctionbazaar |
About this property
Flat bank auction in Palsana, Surat by Pegasus Asset Reconstruction Pvt. Ltd — reserve price ₹5,75,000, 585.00 sq. fts., Physical possession.
Participate in the bank auction property sale of a residential flat located in 'Swarnim Plaza', Palsana, Surat. This flat, situated on the fourth floor, offers a super built-up area of 585 sq. ft. The property is being auctioned by Pegasus Asset Reconstruction Pvt. Ltd under the SARFAESI Act. This is an excellent opportunity for investors and homebuyers looking for affordable residential real estate in the Surat district. Interested bidders must complete their independent due diligence before the last date of submission on 22nd September 2026. With a reserve price of ₹5,75,000, this auction represents a potential investment in the growing locality of Palsana. The auction is scheduled for 23rd September 2026. Ensure you verify all legal documents and property inspection details provided by the bank before bidding.
GeoSquare note: The property is offered at a highly competitive reserve price in a developing area of Surat. With physical possession taken by the bank, the legal risk is reduced. It serves as a strong investment choice for those looking for entry-level residential assets in the Palsana region.
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