1 sq ft Flat for Auction in Palghar – GIC HFL

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

1 sq ft

Reserve price / sq ft

₹11,55,884

Locality

—

City

Palghar

State

Maharashtra

Pincode

401404

Address

Gut No: 61,Building Name: Rosemery - Bldg NO 15 - Poonam Floor No: Ground Plot No: 1.Street Name: P,House No: C/004,Floor No: Ground, Plot No: 1,Street Name: Vevoor,Street No: 1,Sector Ward No: 1,Land Mark: Nr So.john College,Village: Palghar,Location: Umroli,Taluka: Palghar,State: Maharashtra.Pin Code: 401404,Police Station: Nr Palghar, Palghar,Northh By: Building No 11,South By: Building No 14,East By: D Wing,West By: Building No 13, Sq Ft Area: 308.7 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

GIC Housing Finance

Branch

BORIVALI BRANCH

Auction type

SARFAESI Auction

Borrower

SHYAM R*** B*****

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 2467118

Price Check

This listing's reserve price works out to ₹11,55,884 per sq ft. The average across residential bank auctions in Palghar on our site is ₹4,155 per sq ft, so this one is 27719% 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 (4Closure · Listing 2467118), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,15,588 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.