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Land SARFAESI Auction

51.11 sq m Land for Auction in Palghar – Hero Housing

Palghar, Maharashtra · Auction ID #3935

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Reserve Price ₹26,45,000
EMD (Earnest Money)₹2,64,500
Bid Increment₹15,000
Auction Date 29 Sep 2026, 11:00 AM In 2 days
EMD Last Date 28 Sep 2026, 05:00 PM Tomorrow
Area51.11 sq m

Property Details

Property type
Land (Land & Agricultural)
Possession
Not specified
Area
51.11 sq m (≈ 550 sq ft)
Reserve price / sq ft
₹4,808
Locality
—
Pincode
401203

Description (as per sale notice)

All Piece And Parcel of Flat No.504, on 5th Floor, Having Admeasuring 51.11 Sq.mtr Built Up Area, H Wing, in Building Known As 'reliable Complex Phase -II CHSL' Constructed on Land Bearing Survey No. 4, Situated At Village Nilemore, Within Jurisdiction of Vasai Virar City Municipal Corporation, Within Limits of Sub- Registrar, Vasai – 1/2/3/4/5/6 Taluka Vasai Dist Palghar -401203.

Bank & Auction Details

Branch
Hero Housing Finance Limited, Gurugram - BO
Auction type
SARFAESI Auction
Borrower
Krishna
Auction start
29 Sep 2026, 11:00 AM
Auction end
29 Sep 2026, 05:00 PM
EMD submission deadline
28 Sep 2026, 05:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹4,808 per sq ft. The average across land & agricultural bank auctions in Palghar on our site is ₹5,449 per sq ft, so this one is 12% 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.

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
  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 (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹2,64,500 before 28 Sep 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 29 Sep 2026 starting above the reserve price, in multiples of ₹15,000.
  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.

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 Hero Housing Finance. Always verify every detail with the official notice and the authorised officer before paying any money.

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