326 sq ft House for Auction in Palghar – GIC HFL

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

326 sq ft

Reserve price / sq ft

₹4,010

Locality

—

City

Palghar

State

Maharashtra

Pincode

401404

Address

GUT No: 403 1 B, Building Name: AMBROSIA BLDG NO 02, House No: 608, Floor No: 6TH, Plot No: 403 1 B, Street Name: MAHIM ROAD, Land Mark: NEAR TANISHQ HOTEL, Village: MAHIM, Location: Palghar, Taluka: PALGHAR, State: Maharashtra, Pin Code: 401404, Police Station: PALGHAR WEST, North By: OPEN SPACE, South By: OPEN SPACE, East By: BLDG NO 01, West By: BLDG NO 03, /Property Area: 326 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

RAVISHANKAR Y****

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 2454458

Price Check

This listing's reserve price works out to ₹4,010 per sq ft. The average across residential bank auctions in Palghar on our site is ₹4,155 per sq ft, so this one is 3% 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 2454458), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,30,709 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.