Flat SARFAESI Auction Physical Possession

368 sq ft Flat for Auction in Palghar – GIC HFL

Palghar, Maharashtra · Auction ID #111735

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Reserve Price ₹12,20,346 10% lower than previous auction (₹13.56 L)
EMD (Earnest Money)₹1,22,034
Bid Increment₹10,000
Auction Date 23 Nov 2026, 03:00 PM In 12 days
EMD Last Date 21 Nov 2026, 05:00 PM In 10 days
Area368 sq ft
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Property Details

Property type
Flat (Residential)
Possession
Physical Possession
Area
368 sq ft
Reserve price / sq ft
₹3,316
Locality
—
Pincode
401303
Address
GUT No: 70, Building Name: SARASWATI VILLA BLDG NO 06, House No: FLAT 403 B WING, Floor No: 4TH FLR, Plot No: HISSA NO 5D, Street Name: JIVDANI CROSS ROAD, Land Mark: NEAR SAHAKAR NAGAR, Village: VIRAR, Location: Virar (E), Taluka: VASAI, State: Maharashtra, Pin Code: 401303, Police Station: VIRAR EAST, North By: OPEN SPACE, South By: NEW CONSTRUCTION, East By: OPEN SPACE, West By: A WING, Property Area: 368 Sq. Ft. View on map

Description (as per sale notice)

FLAT 403 Property Area: 368 Sq. Ft.. GUT No: 70, Building Name: SARASWATI VILLA BLDG NO 06, House No: FLAT 403 B WING, Floor No: 4TH FLR, Plot No: HISSA NO 5D, Street Name: JIVDANI CROSS ROAD, Land Mark: NEAR SAHAKAR NAGAR, Village: VIRAR, Location: Virar (E), Taluka: VASAI, State: Maharashtra, Pin Code: 401303, Police Station: VIRAR EAST, North By: OPEN SPACE, South By: NEW CONSTRUCTION, East By: OPEN SPACE, West By: A WING, Property Area: 368 Sq. Ft.
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Bank & Auction Details

Bank / Lender
GIC Housing Finance
Branch
Virar Branch
Auction type
SARFAESI Auction
Borrower
SANTOSH S***** 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 2454460
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Price Check

This listing's reserve price works out to ₹3,316 per sq ft. The average across residential bank auctions in Palghar on our site is ₹4,209 per sq ft, so this one is 21% 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₹12,20,346This auction
19 Oct 2026₹13,55,940View

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 2454460), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹1,22,034 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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