Commercial Building SARFAESI Auction Symbolic Possession

174.5 sq feet Commercial Building for Auction in Village Boling, Taluka Vasai And District Palghar (viva City A2 Virar), Vasai Virar, Palghar – Union Bank

Village Boling, Taluka Vasai And District Palghar (viva City A2 Virar), Vasai Virar, Palghar, Maharashtra · Auction ID #118544

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Commercial Building for auction in Village Boling, Taluka Vasai And District Palghar (viva City A2 Virar), Vasai Virar, Palghar – Union Bank – photo 1
Commercial Building for auction in Village Boling, Taluka Vasai And District Palghar (viva City A2 Virar), Vasai Virar, Palghar – Union Bank – photo 2
Commercial Building for auction in Village Boling, Taluka Vasai And District Palghar (viva City A2 Virar), Vasai Virar, Palghar – Union Bank – photo 3
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Reserve Price ₹24,12,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 26 Nov 2026, 12:00 PM In 11 days
EMD Last Date 26 Nov 2026, 05:00 PM In 11 days
Area174.5 sq feet
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
174.5 sq feet (≈ 174 sq ft)
Reserve price / sq ft
₹13,822
Locality
Village Boling, Taluka Vasai And District Palghar (viva City A2 Virar), Vasai Virar
Pincode
401303
Address
VILLAGE BOLING, TALUKA VASAI AND DISTRICT PALGHAR (VIVA CITY A2 VIRAR), Vasai Virar, Maharashtra, 401303 View on map

Description (as per sale notice)

SHOP NO.04, ADM .174.50 SQ.FT CARPET AREA CONSTRUCTED ON THE LAND BEARING SURVEY NO 303 AND 324 B PART, ADM. AREA 38240SQ.MTRS., VIVA CITY A-2, SITUATED AT VILLAGE BOLING, TALUKA VASAI AND DISTRICT PALGHAR

BAANKNET Property ID: UBINMUMARB2125A
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Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ARB - MUMBAI SAMACHAR MARG-553352
Auction type
SARFAESI Auction
Borrower
M/s. C***** M A** A*****
Auction start
26 Nov 2026, 12:00 PM
Auction end
26 Nov 2026, 05:00 PM
EMD submission deadline
26 Nov 2026, 05:00 PM
Inspection
—
Authorised officer
AMIT MASRAM
Officer contact
7875832686
E-auction portal
BAANKNET (Property ID UBINMUMARB2125A)
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Price Check

This listing's reserve price works out to ₹13,822 per sq ft. The average across commercial bank auctions in Palghar on our site is ₹5,883 per sq ft, so this one is 135% above 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 (BAANKNET (Property ID UBINMUMARB2125A)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 26 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 26 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 Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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