260 sq ft Commercial Building for Auction in Thane – GIC HFL

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

260 sq ft

Reserve price / sq ft

₹4,644

Locality

—

City

Thane

State

Maharashtra

Pincode

401303

Address

GUT No. GAOTHAN, Building Name: BHAGYODAY APARTMENT, House No: 201, Floor No: 2ND FLOO, Plot No: GAOTHAN, Street Name: CHANDANSAR ROAD, Land Mark: NR. GADKARI NAGAR, Village: CHANDANSAR, Location: Virar (E), Taluka: VASAI, State: Maharashtra, Pin Code: 401303, Police Station: VIRAR EAST, North By: SAI SIDDHI APT, South By: CHANDASRA APT, East By: GADKARI NAGAR, West By: CITY BAR, Built-up Area (Sq ft): 260 SQ.FT. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

GIC Housing Finance

Branch

Virar Branch

Auction type

SARFAESI Auction

Borrower

MAHESH R***** G****

Auction start

01 Dec 2026

Auction end

01 Dec 2026, 04:00 PM

EMD submission deadline

30 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 470687

Price Check

This listing's reserve price works out to ₹4,644 per sq ft. The average across commercial bank auctions in Thane on our site is ₹8,785 per sq ft, so this one is 47% 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 470687), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,20,744 before 30 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 1 Dec 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.