House SARFAESI Auction Physical Possession

272 sq ft House for Auction in Palghar – GIC HFL

Palghar, Maharashtra · Auction ID #120503

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Reserve Price ₹8,83,373 10% lower than previous auction (₹9.82 L)
EMD (Earnest Money)₹88,337
Bid Increment₹10,000
Auction Date 30 Nov 2026, 03:00 PM In 16 days
EMD Last Date 28 Nov 2026, 05:00 PM In 14 days
Area272 sq ft
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Property Details

Property type
House (Residential)
Possession
Physical Possession
Area
272 sq ft
Reserve price / sq ft
₹3,248
Locality
—
Pincode
401404
Address
Gut No: 403 1 B,Building Name: Ambrosia 08,House No: 102,Floor No: 1st,Plot No: Bldg No 8 Type B,Street Name: Mahim Road,Sector Ward No: Bldg Type B Unit 1.Land Mark: Bafhana Meadows Meadows, Vilage Mahim Location: Palghar, Taluka: Palghar,State: Maharashtra, Pin Code: 401404,Police Station: Palghar West. North By: Bldg No 07,South By: Under Construction, East By: Open Space West By: Intemal Road, Sq Ft Area: 272 View on map

Description (as per sale notice)

House No: 102 Area: 272 Sq Ft. Gut No: 403 1 B,Building Name: Ambrosia 08,House No: 102,Floor No: 1st,Plot No: Bldg No 8 Type B,Street Name: Mahim Road,Sector Ward No: Bldg Type B Unit 1.Land Mark: Bafhana Meadows Meadows, Vilage Mahim Location: Palghar, Taluka: Palghar,State: Maharashtra, Pin Code: 401404,Police Station: Palghar West. North By: Bldg No 07,South By: Under Construction, East By: Open Space West By: Intemal Road, Sq Ft Area: 272
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Bank & Auction Details

Bank / Lender
GIC Housing Finance
Branch
Virar Branch
Auction type
SARFAESI Auction
Borrower
SUNILKUMAR J***** P****
Auction start
30 Nov 2026, 03:00 PM
Auction end
30 Nov 2026, 04:00 PM
EMD submission deadline
28 Nov 2026, 05:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
4Closure · Listing 2467004
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Price Check

This listing's reserve price works out to ₹3,248 per sq ft. The average across residential bank auctions in Palghar on our site is ₹4,155 per sq ft, so this one is 22% 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.

Previous Auctions of This Property

Auction dateReserve price
30 Nov 2026₹8,83,373This auction
27 Oct 2026₹9,81,526View

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 (4Closure · Listing 2467004), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹88,337 before 28 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 30 Nov 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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