Flat for Auction Virar E Palghar 9.8 Lakh by Gic Housing Finance Ltd
Virar (E), Palghar
Area: 290 sq. ft.
GUT No: 115(OLD NO.4), Flat No: 9/602, 6th Floor, Chandansar Road, Bhalchandra Nagar, Beside R.K. Hotel, Virar (E), Taluka Vasai, Palghar, Maharashtra - 401303
GIC Housing Finance Ltd. · Mumbai
Reserve price
₹9,81,788
EMD ₹98,178
Auction date
24 Sep 2026, 03:00 PM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 290 sq. ft.
- ▸Locality: Virar (E)
- ▸Reserve: ₹9,81,788
- ▸EMD: ₹98,178
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Virar (E) |
| Built-up / plot area | 290 sq. ft. |
| Lender | GIC Housing Finance Ltd. |
| Branch | Mumbai |
| Unit / flat no. | Flat No: 9/602 |
| Building / society | Mahalaxmi Residency |
| Floor | 6th Floor |
| Auction type | SARFAESI Auction |
| Service provider | Auctionbazaar |
About this property
Flat bank auction in Virar (E), Palghar by GIC Housing Finance Ltd. — reserve price ₹9,81,788, 290 sq. ft., Physical possession.
Participate in the bank auction of this residential flat located in Mahalaxmi Residency, Virar (E), Palghar. This 290 sq. ft. property is situated on the 6th floor on Chandansar Road, near R.K. Hotel. Managed by GIC Housing Finance Ltd., this property offers a prime opportunity for budget-conscious investors. The auction for this residential unit is scheduled for 2024-09-24. With a competitive reserve price of ₹9,81,788, this flat is an excellent entry-level investment in the Maharashtra real estate market. Interested bidders must submit their EMD by 2024-09-23. Don't miss this bank auction property in Virar, which comes with physical possession, ensuring a smoother acquisition process. Ideal for those looking for affordable housing or rental income potential in the bustling Vasai-Virar region.
GeoSquare note: This property is a strong investment option due to its affordable reserve price and the fact that it is being sold with physical possession, which significantly reduces legal risks for the buyer. Its location in the growing Virar (E) area makes it suitable for both first-time homebuyers and rental income investors.
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