285 sq ft Flat for Auction in Palghar – GIC HFL

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

285 sq ft

Reserve price / sq ft

₹3,425

Locality

—

City

Palghar

State

Maharashtra

Pincode

401303

Address

Gut No: 175, Building Name: Varad Vinayak Apt- Bldg No. 11, House No: Flat No. A-401, Floor No: Fourth, Plot No: H.no. 5, Street Name: Marvel Pada Road, Street No: Sector Ward No: Land Mark: Next To Brahma Complex, Village: Manvel Virar, Location: Virar (E), Taluka: Vasai, State: Maharashtra, Pin Code: 401303, Police Station: Virar East, North By: Riddhi Siddhi Bldg, South By. Siddhivinayak Bldg, East By: Internal Road, West By: Open Plot, Sq Ft Area: 285 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

GIC Housing Finance

Branch

Boisar Branch

Auction type

SARFAESI Auction

Borrower

INDRAKANT L***** Y****

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 2467037

Price Check

This listing's reserve price works out to ₹3,425 per sq ft. The average across residential bank auctions in Palghar on our site is ₹4,155 per sq ft, so this one is 18% 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

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 2467037), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹97,608 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.