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

Flat for Auction Nallasopara East Palghar 18.9 Lakh by Gic Housing Finance Ltd

Nallasopara East, Palghar

Area: 432 sq. ft.

GUT No: 189, Mahalaxmi Residency Bldg No 10, Flat No 704, More Road, Nallasopara East, Vasai, Palghar, Maharashtra - 401209

GIC Housing Finance Ltd. · Mumbai

Reserve price

₹18,88,110

EMD ₹1,88,811

Auction date

24 Sep 2026, 03:00 PM

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Quick read

  • Possession: Physical
  • Area: 432 sq. ft.
  • Locality: Nallasopara East
  • Reserve: ₹18,88,110
  • EMD: ₹1,88,811

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityNallasopara East
Built-up / plot area432 sq. ft.
LenderGIC Housing Finance Ltd.
BranchMumbai
Unit / flat no.Flat No 704
Building / societyMahalaxmi Residency Bldg No 10
Floor7th Floor
Auction typeSARFAESI Auction
Service providerAuctionbazaar

About this property

Flat bank auction in Nallasopara East, Palghar by GIC Housing Finance Ltd. — reserve price ₹18,88,110, 432 sq. ft., Physical possession.

Participate in the bank auction for a residential 1BHK flat located in Mahalaxmi Residency, Nallasopara East, Vasai. This property, situated on the 7th floor, spans 432 sq. ft. and is conveniently located near Nutan School and College. With a reserve price of ₹18.88 Lakhs, this bank auction property offers a great investment opportunity in the Palghar district of Maharashtra. The property enjoys proximity to the Nallasopara-Virar road, enhancing accessibility. Interested bidders must submit the EMD of ₹1.88 Lakhs by 23rd September 2024. Secure this flat through a transparent bank-led process. Ideal for first-time homebuyers or real estate investors looking for affordable housing in a well-connected locality.

GeoSquare note: The property is well-priced for the Nallasopara East micro-market and comes with the benefit of physical possession, which simplifies the takeover process for the buyer. Its location near established schools and main roads makes it a reliable residential investment with decent liquidity potential.

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