432 sq ft Flat for Auction in Palghar – GIC HFL

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

432 sq ft

Reserve price / sq ft

₹3,934

Locality

—

City

Palghar

State

Maharashtra

Pincode

401209

Address

GUT No: 189, Building Name: MAHALAXMI RESIDENCY BLDG NO 10, House No: FLAT NO 704, Floor No: 7TH, Plot No: 4 4, Street Name: MORE ROAD, Sector Ward No: MORE, Land Mark: NUTAN SCHOOL AND COLLEGE, Village: MORE, Location: Nallosapare E, Taluka: VASAI, State: Maharashtra, Pin Code: 401209, Police Station: NALLASOPARA EAST, North By: ANTHONY SCHOOL, South By: RESIDENTIAL BUILDING, East By: NALLASOPARA VIRAR ROAD, West By: NUTAN SCHOOL, SQ FT AREA : 432 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

GIC Housing Finance

Branch

Vasai Branch

Auction type

SARFAESI Auction

Borrower

HITESH D***** 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 2427202

Price Check

This listing's reserve price works out to ₹3,934 per sq ft. The average across residential bank auctions in Palghar on our site is ₹4,155 per sq ft, so this one is 5% 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 2427202), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,69,929 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.