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

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

600 sq ft

Reserve price / sq ft

₹1,550

Locality

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City

Alibag

State

Maharashtra

Address

All that piece and parcel of Flat bearing No. 301, on 3rd floor, in A Wing, area admeasuring 600 Sq. Ft., Built-up area in the building known as Om Vila, constructed on land bearing Survey No. 394, Hissa No. 1, Survey No. 395 Hissa No. 3, Situated at Village-Neral, within the District and Registration District Raigad, Taluka-Karjat and Sub-District Karjat outside the limits of Raigad Zilha Parishad, karjat Panchayat Samiti and within the limits of Neral Gram Panchayat. land bounded as under; East: Bungalow, West: Road, North: Road, South: Road, owned by Rahul Raghunath Shidruk & Sarika Rahul Shidruk View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Ujjivan Small Finance Bank

Branch

Dombivli

Auction type

SARFAESI Auction

Borrower

Rahul R***** 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 469868

Price Check

This listing's reserve price works out to ₹1,550 per sq ft. The average across commercial bank auctions in Alibag on our site is ₹7,701 per sq ft, so this one is 80% 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 469868), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹93,000 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.