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Residential Plot SARFAESI Auction Symbolic Possession

Residential Plot for Auction in Vasai Virar, Palghar – Union Bank

Vasai Virar, Palghar, Maharashtra · Auction ID #118612

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Residential Plot for auction in Vasai Virar, Palghar – Union Bank – photo 1
Reserve Price ₹3,01,00,000 63.3% lower than previous auction (₹8.2 Cr)
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
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Property Details

Property type
Residential Plot (Residential)
Possession
Symbolic Possession
Locality
Vasai Virar
Pincode
401203
Address
Vasai Virar, Maharashtra, 401203 View on map

Description (as per sale notice)

All that piece and Parcel of free hold Non Agriculture Plot of land Area admeasuring 703.32 Sq Mtr & 704 Sq Mtrs (Total 1407.32 Sq Mtr) (Without Demarcation) lying being and situated at Survey No 91, Hissa No 2 A, at Village Achole, within the area of Nallasopara Municipal Council, taluka and Registration District Palghar,(Old district Thane) owned by Mr Pramod Kashinath Patil

BAANKNET Property ID: UBINMUMARB9129
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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 H***** M**** V***** P** L**
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
AWADESH VERMA
Officer contact
9956515606
E-auction portal
BAANKNET (Property ID UBINMUMARB9129)
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Previous Auctions of This Property

Auction dateReserve price
26 Nov 2026₹3,01,00,000This auction
13 Oct 2026₹8,20,00,000View

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 UBINMUMARB9129)), 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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