Commercial Property for Auction Boisar Palghar Palghar 36 Crore by Liquidation E Auction

Quick read

• ▸Area: 32.22 acres
• ▸Locality: Boisar-Palghar
• ▸Reserve: ₹36,00,00,000
• ▸EMD: ₹3,60,00,000

About this property

Commercial Property bank auction in Boisar-Palghar, Palghar by Liquidation E-Auction — reserve price ₹36,00,00,000, 32.22 acres.

Participate in the composite bank auction property sale of the Sathyanagar Project located in Boisar, Palghar, Maharashtra. This extensive commercial opportunity spans approximately 32.22 acres across multiple survey numbers, involving assets of Conglome Technoconstructions Private Limited and Sapphire Space Infracon Private Limited. The sale includes land, existing structures, development rights, FSI, and project receivables under the IBC 2016 liquidation process. With a reserve price of ₹36 Crores, this investment covers a significant development site in the growing Boisar-Palghar region. Interested bidders must complete EMD submission by 07 October 2026 for the e-auction scheduled on 09 October 2026. This is a rare chance to acquire a large-scale project land parcel with established regulatory entitlements in a strategic industrial and residential corridor.

GeoSquare note: This is a large-scale land bank acquisition with significant development potential in Boisar, but it involves complex liquidation proceedings under IBC 2016. Investors should conduct thorough due diligence regarding the ongoing project status and the 'As Is Where Is' nature of the sale. It is a strategic long-term hold for developers but carries risks associated with liquidation assets.