370 sq ft Commercial Building for Auction in Palghar – Jana SFB

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

370 sq ft

Reserve price / sq ft

₹2,343

Locality

—

City

Palghar

State

Maharashtra

Pincode

401305

Address

All that piece and parcel of the Immovable Property Room No.04, Admesuring 370 Sq.fts. Ground Floor Sai Milan Apartment, Survey No.86 Phoolpada Road, Virar East Village Virar, Taluka Vasai, Dist. Palghar-401305 and Bounded as on: On the West: Road, On the South: Resedential Building, On the North: Slum, On the East: Rese dential Building. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Jana Small Finance Bank

Branch

Pokhran Road Branch

Auction type

SARFAESI Auction

Borrower

Jayantibhai N***** T***

Auction start

08 Dec 2026

Auction end

08 Dec 2026, 12:30 PM

EMD submission deadline

07 Dec 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 471872

Price Check

This listing's reserve price works out to ₹2,343 per sq ft. The average across commercial bank auctions in Palghar on our site is ₹5,883 per sq ft, so this one is 60% 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 471872), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹86,700 before 07 Dec 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 8 Dec 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.