425 sq ft Commercial Building for Auction in Alibag – Ujjivan SFB

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

425 sq ft

Reserve price / sq ft

₹2,544

Locality

—

City

Alibag

State

Maharashtra

Address

Flat No. 104, area admeasuring 425 sq. ft., (Carpet Area), along with 56 Sq. Ft. Open Tarrace on First Floor, in the building nown as Swami Pratima, constructed on New Survey No 86/50, 86/51, 86/52 (Old Survey No. 28/2, 31/2 32/2 76/18 out of Plot No. 50, 51 & 52) situated at Village Dhamote, Taluka Karjat, District Raigad, within the limits of Grampanchayat Kolhare Land area Bounded as: East Plot No. 49, West Gurcharan, North Internal Road, South Garden. The said property owned by Viral Dilip Shah & Dilipkumar Liladhar Shah through a agreement for sale deed bearing No 2919/2019 Registered before SRO Karjat 2 on 07/06/2019 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Ujjivan Small Finance Bank

Branch

Kalyan Branch

Auction type

SARFAESI Auction

Borrower

Viral D**** S***

Auction start

17 Nov 2026

Auction end

17 Nov 2026, 05:00 PM

EMD submission deadline

16 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 469889

Price Check

This listing's reserve price works out to ₹2,544 per sq ft. The average across commercial bank auctions in Alibag on our site is ₹7,701 per sq ft, so this one is 67% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (AuctionTiger · Auction ID 469889), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,08,100 before 16 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 17 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.