330 sq ft Commercial Building for Auction in Alibag – Ujjivan SFB

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

330 sq ft

Reserve price / sq ft

₹3,391

Locality

—

City

Alibag

State

Maharashtra

Address

All that piece and parcel of property bearing Flat No. 303 on 3rd Floor admeasuring 330 sq. ft. built up area in the building known as Ganesh Apartment construted on Grampanchayat House No. 963 admeasuring 330 sq. ft. being situated at Village Vichumbe, Taluka Panvel, District Raigad within the limits of Grampanchayat-which is owned by Mangesh Ishwar Banekar and Surekha Mangesh Banekar View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Ujjivan Small Finance Bank

Branch

Kamothe

Auction type

SARFAESI Auction

Borrower

Mangesh I***** B*****

Auction start

12 Nov 2026

Auction end

12 Nov 2026, 05:00 PM

EMD submission deadline

11 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 467015

Price Check

This listing's reserve price works out to ₹3,391 per sq ft. The average across commercial bank auctions in Alibag on our site is ₹7,701 per sq ft, so this one is 56% 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 467015), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,11,900 before 11 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 12 Nov 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.