Flat for Auction Mahim Road Palghar 15 Lakh by Gic Housing Finance Ltd
Mahim Road, Palghar
Area: 364 sq. ft.
GUT No: S 1023/9 1023/9/1, House No: 402 3A WING, Plot No: 3A, GP International School, Mahim Road, Palghar, Vasai, Maharashtra - 401404
GIC Housing Finance Ltd. · Mumbai
Reserve price
₹14,97,366
EMD ₹1,49,736
Auction date
24 Sep 2026, 03:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 364 sq. ft.
- ▸Locality: Mahim Road
- ▸Reserve: ₹14,97,366
- ▸EMD: ₹1,49,736
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Mahim Road |
| Built-up / plot area | 364 sq. ft. |
| Lender | GIC Housing Finance Ltd. |
| Branch | Mumbai |
| Unit / flat no. | 402, 3A Wing |
| Building / society | PARAMOUNT ENCLAVE |
| Floor | FORTH |
| Auction type | SARFAESI Auction |
| Service provider | Auctionbazaar |
About this property
Flat bank auction in Mahim Road, Palghar by GIC Housing Finance Ltd. — reserve price ₹14,97,366, 364 sq. ft., Physical possession.
Discover a prime residential opportunity with this bank auction property located in Paramount Enclave, Mahim Road, Palghar (Vasai). This 364 sq. ft. flat is situated on the fourth floor and is being auctioned by GIC Housing Finance Ltd. The property is well-positioned near GP International School, offering a strategic location in the Palghar region. This auction is an excellent opportunity for homebuyers and investors looking for an affordable residential asset in Maharashtra. Interested bidders should note the reserve price of ₹14,97,366 and the last date for EMD submission is 23-09-2024. Don't miss this chance to acquire a property in a developing area at a competitive price point through a transparent bank-led process.
GeoSquare note: The property is a well-located residential flat in Palghar with a reasonable reserve price, making it an attractive entry-level investment. The possession status is physical, which adds security for the buyer compared to symbolic possession properties. It is a solid choice for those seeking affordable housing in the Vasai-Palghar belt.
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