Land SARFAESI Auction

19.24 sq m Land for Auction in Palghar – Hero Housing

Palghar, Maharashtra · Auction ID #4055

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Reserve Price ₹12,00,000
EMD (Earnest Money)₹1,20,000
Bid Increment₹15,000
Auction Date 09 Oct 2026, 11:00 AM In 12 days
EMD Last Date 08 Oct 2026, 05:00 PM In 11 days
Area19.24 sq m

Property Details

Property type
Land (Land & Agricultural)
Possession
Not specified
Area
19.24 sq m (≈ 207 sq ft)
Reserve price / sq ft
₹5,794
Locality
—

Description (as per sale notice)

All Piece And Parcel of Flat No. 206, A Wing, Admeasuring 19.24 Sq.mtr Carpet Area, (As Per Act) Together With Exclusive Balcony Admeasuring 2.56 Sq.mtr, Total Area Admeasuring 21.80 Sq.mtrs , on 2nd Floor, Building No.01, Building Type A-1, In The Project Known As “Abhi Paradise” Constructed on Land Bearing Gut No. 193, Admeasuring 0-71-0 Hr Acr + 0-06-6 Hec Acr = 0-77-0 Hec Acr I.e 7700 Sq.mtr Situated At Village Zanzroli, Taluka And District Palghar 401404.

Bank & Auction Details

Branch
Hero Housing Finance Limited, Gurugram - BO
Auction type
SARFAESI Auction
Borrower
Prakash G***** K*****
Auction start
09 Oct 2026, 11:00 AM
Auction end
09 Oct 2026, 05:00 PM
EMD submission deadline
08 Oct 2026, 05:00 PM
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹5,794 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 6% 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 (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 ₹1,20,000 before 08 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 9 Oct 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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