570 sq ft Commercial Building for Auction in Alibag – IDBI

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

570 sq ft

Reserve price / sq ft

₹4,509

Locality

—

City

Alibag

State

Maharashtra

Pincode

410206

Address

Flat No.301, 3rd Floor, Wing- B, Building No.-1, Bay View Residency, Village-Tupgaon, Chowk, Khalapur, Raigad, Maharashtra-410206. (2-BHK with Carpet-570 Sq.Ft. approx.) View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

IDBI Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

08 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 464634

Price Check

This listing's reserve price works out to ₹4,509 per sq ft. The average across commercial bank auctions in Alibag on our site is ₹8,900 per sq ft, so this one is 49% 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.
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 (AuctionTiger · Auction ID 464634), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 8 Oct 2026 starting above the reserve price.
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.