Representative illustration — Flat bank auction in Mahim
Representative illustration — not the actual property photograph.
Flat Residential Fair Option

Flat for Auction Mahim Palghar 10.9 Lakh by Gic Housing Finance Ltd

Mahim, Palghar

Area: 272 sq. ft.

GUT No: 403 1 B, Building Name: AMBROSIA 08, House No: 102, Floor No: 1ST, Plot No: BLDG NO 8 TYPE B, Mahim Road, Palghar, Maharashtra - 401404

GIC Housing Finance Ltd. · Mumbai

Reserve price

₹10,90,584

EMD ₹1,09,058

Auction date

24 Sep 2026, 03:00 PM

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Quick read

  • Area: 272 sq. ft.
  • Locality: Mahim
  • Reserve: ₹10,90,584
  • EMD: ₹1,09,058

Auction snapshot

Possession
Property typeFlat · Residential
LocalityMahim
Built-up / plot area272 sq. ft.
LenderGIC Housing Finance Ltd.
BranchMumbai
Unit / flat no.102
Building / societyAMBROSIA 08
Floor1ST
Auction typeSARFAESI Auction
Service providerAuctionbazaar

About this property

Flat bank auction in Mahim, Palghar by GIC Housing Finance Ltd. — reserve price ₹10,90,584, 272 sq. ft..

Invest in this prime residential property located in the rapidly developing area of Mahim, Palghar, Maharashtra. This bank auction property is a 272 sq. ft. flat situated in the Ambrosia 08 building, offering a strategic location with proximity to key landmarks like Bafhana Meadows. This unit is an excellent opportunity for home buyers or investors looking for affordable real estate in Palghar West. Managed by GIC Housing Finance Ltd., this auction provides a transparent process for securing a property at a competitive reserve price of ₹10,90,584. Don't miss this chance to acquire residential property in a growing suburban locality. For further details regarding the auction process, bidding, and property inspection, please contact GIC Housing Finance Ltd. directly.

GeoSquare note: The property is located in a developing residential zone in Palghar with a very attractive entry-level reserve price. However, since the building is noted to be near 'under construction' areas and specific possession status is not explicitly confirmed, it is best suited for long-term investors or those seeking budget-friendly residential options.

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