Flat for auction Kelwe Road, East Palghar Palghar 13 lakh Authum Investment & Infrastructure Limited

Property for Auction in Palghar, Palghar, Maharashtra

Recommendation
Calculated OpportunityScore: 6.5
Possession
Symbolic
Reserve Price
12,90,000
Reserve Price
12,90,000
EMD Required
1,29,000
Property Specifications
Society/BuildingSagar Apartment
Unit No.204
Floor2nd Floor
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Palghar, Palghar
Auction Date IconAuction Date:
20-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:609456

Bank Name:Authum Investment & Infrastructure Limited

Branch Name:Registred Office:Mumbai

Reserve Price:12,90,000

EMD:1,29,000

Bid Increment:15,000

Auction Time:11:00-13:00

Service Provider:Public Auction

Important Dates

Submission Date:2025-11-19

Bid Start Date:2025-11-20

Property Description

This is a residential flat located in Palghar, Maharashtra, offered by Authum Investment & Infrastructure Limited. The property is part of a SARFAESI auction, presented as an opportunity for buyers seeking real estate in the Palghar area. The borrower's name is SUNIL SIYARAM CHAURASIYA.

State:Maharashtra

City:Palghar

Area:Palghar

Asset Category:Residential

Full Address:204, Sagar Apartment, Flat No. 204, 2nd Floor, A Wing, Bldg. No. 7, Sagar Apartment, Village Bandate, Kelwe Road, East Palghar, Kelwe Road, East Palghar, Palghar

Building/Society:Sagar Apartment

Auction Description

Authum Investment & Infrastructure Limited is conducting a SARFAESI auction for a residential flat in Palghar, Maharashtra. The auction has a reserve price of ₹12,90,000 and requires an Earnest Money Deposit (EMD) of ₹1,29,000. The bidding will take place on November 20, 2025, starting at 11:00 AM and concluding at 01:00 PM.

Borrower Name:SUNIL SIYARAM CHAURASIYA

Auction Type:SARFAESI Auction

Guarantor Names:VINITA SUNIL CHAURASIYA

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property is a residential flat in Palghar, Maharashtra, offered at a relatively low reserve price. While the location may not be prime, the price point makes it a calculated investment opportunity. Further due diligence is recommended to assess the property's condition and market value.

Contact Details

Branch:Branch Office : Registred Office:Mumbai

Service Provider:Public Auction

Contact Details:

Lalit Kamat, Harshad Mhatre

Contact no:8419982204/7977247189

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