27.41 sq m Flat for Auction in Nilemore, Palghar – Hero Housing

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

27.41 sq m (≈ 295 sq ft)

Reserve price / sq ft

₹3,508

Locality

Nilemore

City

Palghar

State

Maharashtra

Pincode

401203

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Hero Housing Finance

Branch

Hero Housing Finance Limited, Gurugram - BO

Auction type

SARFAESI Auction

Borrower

Dinesh G***** K*****

Auction start

25 Nov 2026, 10:00 AM

Auction end

25 Nov 2026, 05:00 PM

EMD submission deadline

24 Nov 2026, 05:00 PM

Inspection

18 Nov 2026, 11:00 AM – 18 Nov 2026, 02:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹3,508 per sq ft. The average across residential bank auctions in Palghar on our site is ₹4,155 per sq ft, so this one is 16% 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 (open notice).
2. Inspect the property on 18 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,03,500 before 24 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 25 Nov 2026 starting above the reserve price, in multiples of ₹15,000.
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.