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Commercial Building SARFAESI Auction Physical Possession

276 sq ft Commercial Building for Auction in Palghar – GIC HFL

Palghar, Maharashtra · Auction ID #85668

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Reserve Price ₹10,23,840
EMD (Earnest Money)₹1,02,384
Bid Increment₹10,000
Auction Date 19 Oct 2026
EMD Last Date 17 Oct 2026, 05:00 PM
Area276 sq ft
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Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Area
276 sq ft
Reserve price / sq ft
₹3,710
Locality
—
Pincode
401501
Address
GUT No: 28 4 30 1, Building Name: SRA COMPLEX BLDG NO SRA 2, House No: 215, Floor No: 2ND, Plot No: BLDG NO.SRA-2 TYPE-B, Street Name: TARAPUR ROAD, Sector Ward No: BLDG NO.SRA-2, TYPE-B, Land Mark: SHALIMAR COMPLEX, Village KURGAON, Location: Boisar, Taluka: PALGHAR, State: Maharashtra, Pin Code: 401501, Police Station: BOISAR WEST, North By: BLDG NO. 01, South By: SHALIMAR BLDG, East By: OPEN SPACE, West By: BLDG NO. 3, PROPERTY AREA: 276 SQ FT View on map

Description (as per sale notice)

GUT No: 28 4 30 1, Building Name: SRA COMPLEX BLDG NO SRA 2, House No: 215, Floor No: 2ND, Plot No: BLDG NO.SRA-2 TYPE-B, Street Name: TARAPUR ROAD, Sector Ward No: BLDG NO.SRA-2, TYPE-B, Land Mark: SHALIMAR COMPLEX, Village KURGAON, Location: Boisar, Taluka: PALGHAR, State: Maharashtra, Pin Code: 401501, Police Station: BOISAR WEST, North By: BLDG NO. 01, South By: SHALIMAR BLDG, East By: OPEN SPACE, West By: BLDG NO. 3, PROPERTY AREA: 276 SQ FT
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Bank & Auction Details

Bank / Lender
GIC Housing Finance
Branch
Virar Branch
Auction type
SARFAESI Auction
Borrower
LAXMI D***** S****
Auction start
19 Oct 2026
Auction end
19 Oct 2026, 04:00 PM
EMD submission deadline
17 Oct 2026, 05:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
AuctionTiger · Auction ID 465938
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Price Check

This listing's reserve price works out to ₹3,710 per sq ft. The average across commercial bank auctions in Palghar on our site is ₹5,883 per sq ft, so this one is 37% 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 465938), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹1,02,384 before 17 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 19 Oct 2026 starting above the reserve price, in multiples of ₹10,000.
  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.

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

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