2 sq ft Flat for Auction in Palghar – GIC HFL

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

2 sq ft

Reserve price / sq ft

₹10,91,403

Locality

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City

Palghar

State

Maharashtra

Pincode

401203

Address

Gut No: S. N. 122,Building Name: Jay Apartment,House No: D-403,Floor No: 4th,Plot No: H. N. 02,Street Name: Nilemore Road,Sector Ward No: Nallsopara, Land Mark: Nr. Rahul International Village: Nilemore, Location: Nallasopara (W),Taluka: Vasai,State:tale Maharashtra.Pin Maharashtra Pin Code:ode 401203 Police Station: Nallsopara West,North By: Internal Road,South By: Sumra Bldg,East By: C Wing,West By: E Wing, Sq Ft Area: 483 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

GIC Housing Finance

Branch

BORIVALI BRANCH

Auction type

SARFAESI Auction

Borrower

ANKUSH V***** U*****

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 2467119

Price Check

This listing's reserve price works out to ₹10,91,403 per sq ft. The average across residential bank auctions in Palghar on our site is ₹4,155 per sq ft, so this one is 26167% 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 2467119), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,18,280 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.