House SARFAESI Auction Physical Possession

375 sq ft House for Auction in Palghar – GIC HFL

Palghar, Maharashtra · Auction ID #111734

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Reserve Price ₹10,21,548 43.3% lower than previous auction (₹18.01 L)
EMD (Earnest Money)₹1,02,154
Bid Increment₹10,000
Auction Date 23 Nov 2026, 03:00 PM In 10 days
EMD Last Date 21 Nov 2026, 05:00 PM In 8 days
Area375 sq ft
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Property Details

Property type
House (Residential)
Possession
Physical Possession
Area
375 sq ft
Reserve price / sq ft
₹2,724
Locality
—
Pincode
401303
Address
GUT No: 232 OLD 69, Building Name: UTSAV APARTMENT, House No: 303, Floor No: 3RD, Plot No: HISSA NO 1 A, Street Name: DONGAR PADA, Sector Ward No: NR RADHA KRISHNA APT, Land Mark: NEAR MAGNUS MOTORS, Village: DONGARE, Location: Virar (W), Taluka: VASAI, State: Maharashtra, Pin Code: 401303, Police Station: VIRAR WEST, North By: JALARAM RESIDENCY, South By: ROAD AND DONGAR PADA VILLAGE, East By: RESIDENTIAL AREA, West By: MAGNUS MOTORS, /Property Area: 375 Sq. Ft. View on map

Description (as per sale notice)

House No: 303, Property Area: 375 Sq. Ft.. GUT No: 232 OLD 69, Building Name: UTSAV APARTMENT, House No: 303, Floor No: 3RD, Plot No: HISSA NO 1 A, Street Name: DONGAR PADA, Sector Ward No: NR RADHA KRISHNA APT, Land Mark: NEAR MAGNUS MOTORS, Village: DONGARE, Location: Virar (W), Taluka: VASAI, State: Maharashtra, Pin Code: 401303, Police Station: VIRAR WEST, North By: JALARAM RESIDENCY, South By: ROAD AND DONGAR PADA VILLAGE, East By: RESIDENTIAL AREA, West By: MAGNUS MOTORS, /Property Area: 375 Sq. Ft.
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Bank & Auction Details

Bank / Lender
GIC Housing Finance
Branch
Virar Branch
Auction type
SARFAESI Auction
Borrower
SHAILESH D***** P*****
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 2454549
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Price Check

This listing's reserve price works out to ₹2,724 per sq ft. The average across residential bank auctions in Palghar on our site is ₹4,209 per sq ft, so this one is 35% 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

Auction dateReserve price
23 Nov 2026₹10,21,548This auction
27 Oct 2026₹18,00,995View

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 2454549), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹1,02,154 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with GIC Housing Finance. Always verify every detail with the official notice and the authorised officer before paying any money.

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