272 sq ft Flat for Auction in Palghar – GIC HFL

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

272 sq ft

Reserve price / sq ft

₹3,609

Locality

—

City

Palghar

State

Maharashtra

Pincode

401404

Address

GUT No: 403 1 B, Building Name: AMBROSIA 08, House No: 102, Floor No: 1ST, Plot No: BLDG NO 8 TYPE B, Street Name: MAHIM ROAD, Sector Ward No: BLDG TYPE B UNIT 1, Land Mark: BAFHANA MEADOWS, Village: MAHIM, Location: Palghar, Taluka: PALGHAR, State: Maharashtra, Pin Code: 401404, Police Station: PALGHAR WEST, North By: BLDG NO 07, South By: UNDER CONSTRUCTION, East By: OPEN SPACE, West By: INTERNAL ROAD, SQ FT AREA : 272 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

GIC Housing Finance

Branch

Virar Branch

Auction type

SARFAESI Auction

Borrower

SUNIL K**** J***** P****

Auction start

27 Oct 2026, 03:00 PM

Auction end

27 Oct 2026, 04:00 PM

EMD submission deadline

26 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2427326

Price Check

This listing's reserve price works out to ₹3,609 per sq ft. The average across residential bank auctions in Palghar on our site is ₹4,155 per sq ft, so this one is 13% 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 (4Closure · Listing 2427326), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹98,152 before 26 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 27 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.