412 sq feet Flat for Auction in Property Is In Good Location, Vasai Virar, Palghar – BOI

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

412 sq feet (≈ 412 sq ft)

Reserve price / sq ft

₹4,587

Locality

Property Is In Good Location, Vasai Virar

City

Palghar

State

Maharashtra

Pincode

401203

Address

Property is in good location, Vasai Virar, Maharashtra, 401203 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of India

Branch

NALASOPARA (WEST)-0189

Auction type

SARFAESI Auction

Borrower

Mrs H***** S**** K*****

Auction start

27 Oct 2026, 11:00 AM

Auction end

27 Oct 2026, 05:00 PM

EMD submission deadline

27 Oct 2026, 04:59 PM

Inspection

—

Authorised officer

Ravi Gupta

Officer contact

8210927772

E-auction portal

BAANKNET (Property ID BKIDMNZ0189HAMIDABEE)

Price Check

This listing's reserve price works out to ₹4,587 per sq ft. The average across residential bank auctions in Palghar on our site is ₹4,803 per sq ft, so this one is 4% 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 BKIDMNZ0189HAMIDABEE)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 27 Oct 2026, 04:59 PM. It is refunded if you don't win.
5. Bid online on 27 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.