Commercial Building SARFAESI Auction Physical Possession

786 sq ft Commercial Building for Auction in Navi Mumbai – GIC HFL

Navi Mumbai, Maharashtra · Auction ID #117011

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Reserve Price ₹28,29,600
EMD (Earnest Money)₹2,82,960
Bid Increment₹10,000
Auction Date 10 Dec 2026 In 26 days
EMD Last Date 09 Dec 2026, 05:00 PM In 25 days
Area786 sq ft
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Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Area
786 sq ft
Reserve price / sq ft
₹3,600
Locality
—
Pincode
410101
Address
GUT No: 02, Building Name: BUNGLOW NO B 11, House No: OLD SR NO 69/3, Floor No: OLD SR N, Plot No: PLOT NO 2, Street Name: NEW SR NO 87/2, Sector Ward No: DHAMOTE, Land Mark: DISHCOVRY HOTEL, Village: NERAL EAST, Location: Neral, Taluka: NAVI MUMBAI, State: Maharashtra, Pin Code: 410101. Area of the property-786 Sq.ft. View on map

Description (as per sale notice)

GUT No: 02, Building Name: BUNGLOW NO B 11, House No: OLD SR NO 69/3, Floor No: OLD SR N, Plot No: PLOT NO 2, Street Name: NEW SR NO 87/2, Sector Ward No: DHAMOTE, Land Mark: DISHCOVRY HOTEL, Village: NERAL EAST, Location: Neral, Taluka: NAVI MUMBAI, State: Maharashtra, Pin Code: 410101. Area of the property-786 Sq.ft.
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Bank & Auction Details

Bank / Lender
GIC Housing Finance
Branch
Mumbai Branch
Auction type
SARFAESI Auction
Borrower
Mr. M***** M***** M*****
Auction start
10 Dec 2026
Auction end
10 Dec 2026, 04:00 PM
EMD submission deadline
09 Dec 2026, 05:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
AuctionTiger · Auction ID 472382
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Price Check

This listing's reserve price works out to ₹3,600 per sq ft. The average across commercial bank auctions in Navi Mumbai on our site is ₹11,487 per sq ft, so this one is 69% 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 472382), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹2,82,960 before 09 Dec 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 10 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.

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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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