Commercial Building SARFAESI Auction

21.17 sq m Commercial Building for Auction in Palghar – Axis

Palghar, Maharashtra · Auction ID #115233

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Reserve Price ₹6,25,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 19 Nov 2026 In 4 days
EMD Last Date —
Area21.17 sq m
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Property Details

Property type
Commercial Building (Commercial)
Possession
Not specified
Area
21.17 sq m (≈ 227 sq ft)
Reserve price / sq ft
₹2,743
Locality
—
Pincode
401404
Address
ALL THAT PIECE AND PARCEL OF IMMOVABLE PROPERTY BEING FLAT NO 502 5TH FLOOR BUILDING NO 4, PARAMOUNT ENCLAVE SURVEY NO 1023/1+2/25,( NEW SURVEY NO 1023/9,1023/9/11 MAHIM ROAD VILLAGE MAHIM PALGHAR 401404 -ADMEASUINRG: 21.17 SQ.MTRS CARPET AREA TOWARDS EAST ROAD, TOWARDS WEST OPEN, TOWARDS NORTH GREEN PARK, TOWARDS SOUTH ROAD View on map

Description (as per sale notice)

ALL THAT PIECE AND PARCEL OF IMMOVABLE PROPERTY BEING FLAT NO 502 5TH FLOOR BUILDING NO 4, PARAMOUNT ENCLAVE SURVEY NO 1023/1+2/25,( NEW SURVEY NO 1023/9,1023/9/11 MAHIM ROAD VILLAGE MAHIM PALGHAR 401404 -ADMEASUINRG: 21.17 SQ.MTRS CARPET AREA TOWARDS EAST ROAD, TOWARDS WEST OPEN, TOWARDS NORTH GREEN PARK, TOWARDS SOUTH ROAD
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Bank & Auction Details

Bank / Lender
Axis Bank
Branch
—
Auction type
SARFAESI Auction
Borrower
—
Auction start
19 Nov 2026
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
AuctionTiger · Auction ID 471617
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Price Check

This listing's reserve price works out to ₹2,743 per sq ft. The average across commercial bank auctions in Palghar on our site is ₹5,883 per sq ft, so this one is 53% 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 471617), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on 19 Nov 2026 starting above the reserve price.
  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 Axis Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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