650 sq feet Commercial Building for Auction in Vasai Virar, Palghar – Canara

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

650 sq feet (≈ 650 sq ft)

Reserve price / sq ft

₹8,723

Locality

Vasai Virar

City

Palghar

State

Maharashtra

Pincode

401303

Address

Vasai Virar, Maharashtra, 401303 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

MUMBAI SPECIALISED ARM BRANCH

Auction type

SARFAESI Auction

Borrower

M/S S**** O*****

Auction start

27 Oct 2026, 11:00 AM

Auction end

27 Oct 2026, 12:00 PM

EMD submission deadline

27 Oct 2026, 10:30 AM

Inspection

—

Authorised officer

RISHI DAS

Officer contact

9630370059

E-auction portal

BAANKNET (Property ID CNRBSUPEROVERSEASA1A2)

Price Check

This listing's reserve price works out to ₹8,723 per sq ft. The average across commercial bank auctions in Palghar on our site is ₹5,883 per sq ft, so this one is 48% 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.
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 CNRBSUPEROVERSEASA1A2)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 27 Oct 2026, 10:30 AM. 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.