Flat SARFAESI Auction Physical Possession

38.39 sq meter Flat for Auction in Boisar, Palghar – BOM

Boisar, Palghar, Maharashtra · Auction ID #83174

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Reserve Price ₹12,09,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 15 Oct 2026, 11:00 AM In 14 days
EMD Last Date 14 Oct 2026, 11:59 PM In 13 days
Area38.39 sq meter

Property Details

Property type
Flat (Residential)
Possession
Physical Possession
Area
38.39 sq meter (≈ 413 sq ft)
Reserve price / sq ft
₹2,926
Locality
Boisar
Pincode
401501
Address
Boisar, Maharashtra, 401501 View on map

Description (as per sale notice)

Equitable Mortgage of Flat No A-2-23, Admeasuring 38.39 sq. Meters. Of Carpet Area(including balcony) Bearing No.23, on the Second floor in the A-2 Building of A-2 Block, in the Project known as “Happinest-Boisar” Constructed on the freehold Non Agriculture land Bearing New gut No-50, Plot No.1 Village-Kambalgaon, Taluka- Palghar, Dist-Thane.

BAANKNET Property ID: MAHB004

Bank & Auction Details

Bank / Lender
Bank of Maharashtra
Branch
BOMBAY-VARSOVA
Auction type
SARFAESI Auction
Borrower
Mrs. P***** R*** M*****
Auction start
15 Oct 2026, 11:00 AM
Auction end
15 Oct 2026, 02:00 PM
EMD submission deadline
14 Oct 2026, 11:59 PM
Inspection
—
Authorised officer
Avinash Mahajan
Officer contact
9421205708

Price Check

This listing's reserve price works out to ₹2,926 per sq ft. The average across residential bank auctions in Palghar on our site is ₹4,803 per sq ft, so this one is 39% 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 (BAANKNET (Property ID MAHB004)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 14 Oct 2026, 11:59 PM. It is refunded if you don't win.
  5. Bid online on 15 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.

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 Bank of Maharashtra. Always verify every detail with the official notice and the authorised officer before paying any money.

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