276 sq ft House for Auction in Palghar – GIC HFL

Property Details

Property type

House (Residential)

Possession

Not specified

Area

276 sq ft

Reserve price / sq ft

₹3,339

Locality

—

City

Palghar

State

Maharashtra

Pincode

401501

Address

GUT No: 28 3 1 30 3, Building Name: VRINDAVAN CITY COMPLEX, House No: 306, Floor No: 3RD, Plot No: BLDG NO.2 B WING, Street Name: TARAPUR ROAD, Sector Ward No: BLDG NO.2, TYPE-B, Land Mark: VIRAJ SHRIRAM SCHOOL, Village: KURGAON, Location: Boisar, Taluka: PALGHAR, State: Maharashtra, Pin Code: 401501, Police Station: BOISAR WEST, North By: 9.0 MT ROAD, South By: CTYPE, East By: OPEN SPACE, West By: A TYPE, / Property Area: 276 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

MITHUN K**** M*****

Auction start

23 Nov 2026, 03:00 PM

Auction end

23 Nov 2026, 04:00 PM

EMD submission deadline

21 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2454537

Price Check

This listing's reserve price works out to ₹3,339 per sq ft. The average across residential bank auctions in Palghar on our site is ₹4,155 per sq ft, so this one is 20% 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.

Previous Auctions of This Property

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 (4Closure · Listing 2454537), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹92,145 before 21 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 23 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.