Representative illustration — Flat bank auction in Mahim Road
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Mahim Road Palghar 13.5 Lakh by Gic Housing Finance Ltd

Mahim Road, Palghar

Area: 337 sq. ft.

GUT No: 403 1 403 1 B, Ambrosia Complex, House No: 610, Mahim Road, Palghar, Maharashtra - 401404

GIC Housing Finance Ltd. · Mumbai

Reserve price

₹13,54,482

EMD ₹1,35,448

Auction date

11 Sep 2026, 03:00 PM

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Quick read

  • Possession: Physical
  • Area: 337 sq. ft.
  • Locality: Mahim Road
  • Reserve: ₹13,54,482
  • EMD: ₹1,35,448

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityMahim Road
Built-up / plot area337 sq. ft.
LenderGIC Housing Finance Ltd.
BranchMumbai
Unit / flat no.610
Building / societyAmbrosia Complex
Floor6th
Auction typeSARFAESI Auction
Service providerbankauctions.in

About this property

Flat bank auction in Mahim Road, Palghar by GIC Housing Finance Ltd. — reserve price ₹13,54,482, 337 sq. ft., Physical possession.

Invest in a prime bank auction property in Palghar, Maharashtra. GIC Housing Finance Ltd. is offering a residential flat (House No. 610) situated on the 6th floor of the Ambrosia Complex, located on Mahim Road. The property spans an area of 337 sq. ft. and is available for e-auction with a reserve price of ₹13,54,482. This is an excellent opportunity for home buyers and investors looking for affordable real estate in the Palghar region. The auction is scheduled for 11th September 2026. Interested bidders must submit their EMD by 10th September 2026. Don't miss this chance to acquire a property with physical possession status in a well-connected locality.

GeoSquare note: This property offers strong investment potential due to its physical possession status, which significantly reduces legal risk for the buyer. Located in the growing town of Palghar at an accessible price point of ~₹13.5 Lakhs, it is an ideal choice for first-time homebuyers or budget investors.

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