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

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

252 sq ft

Reserve price / sq ft

₹4,761

Locality

—

City

Thane

State

Maharashtra

Pincode

401303

Address

GUT No: 129, Building Name: MAHALAXMI APARTMENT BLDG NO 08, House No: 404 WING B, Floor No: 4TH, Plot No: 129, Street Name: NITYANAND NAGAR, Sector Ward No: KOPARI NAKA, Land Mark: NITYANAND NAGAR, Village: KOPARI, Location: Virar (E), Taluka: VASAI, State: Maharashtra, Pin Code: 401303, Police Station: VIRAR EAST, North By: OPEN PLOT, South By: NITYANAND NAGAR, East By: TRIMURTI APARTMENT, West By: OPEN PLOT,Built-up Area (Sq ft): 252 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

BIKRAM O***** S****

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 470684

Price Check

This listing's reserve price works out to ₹4,761 per sq ft. The average across commercial bank auctions in Thane on our site is ₹8,785 per sq ft, so this one is 46% 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 470684), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,19,988 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.