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

Flat for Auction Virar East Palghar 15.3 Lakh by Gic Housing Finance Ltd

Virar East, Palghar

Area: 343 sq. ft.

FLAT NO. 202, 2ND FLOOR, A WING, SHREE BALAJI APARTMENT, CHANDANSAR ROAD, VIRAR (EAST), PALGHAR, MAHARASHTRA - 401303

GIC Housing Finance Ltd. · Mumbai

Reserve price

₹15,28,713

EMD ₹1,52,871

Auction date

11 Sep 2026, 03:00 PM

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Quick read

  • Possession: Physical
  • Area: 343 sq. ft.
  • Locality: Virar East
  • Reserve: ₹15,28,713
  • EMD: ₹1,52,871

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityVirar East
Built-up / plot area343 sq. ft.
LenderGIC Housing Finance Ltd.
BranchMumbai
Unit / flat no.202
Building / societySHREE BALAJI APARTMENT
Floor2nd Floor
Auction typeSARFAESI Auction
Service providerbankauctions.in

About this property

Flat bank auction in Virar East, Palghar by GIC Housing Finance Ltd. — reserve price ₹15,28,713, 343 sq. ft., Physical possession.

Participate in this exclusive bank auction property sale featuring a 343 sq. ft. residential flat located in the vibrant area of Virar East, Palghar. Situated in Shree Balaji Apartment on Chandansar Road, this flat is an ideal investment opportunity for homebuyers looking for affordable housing in Maharashtra. The auction, conducted by GIC Housing Finance Ltd., offers the property with physical possession, ensuring a transparent buying process. With a reserve price of ₹15,28,713, this unit represents a prime entry-level real estate acquisition. Interested bidders should note the auction date of 2026-09-11 and ensure EMD submission by 2026-09-10. Don't miss this opportunity to secure a residential flat in a well-connected locality of Virar. Explore this bank auction property today for high value and growth potential.

GeoSquare note: This property is a strong buy due to its affordable price point and the confirmed 'Physical' possession status, which significantly lowers the acquisition risk. Located in the growing suburb of Virar, it is well-suited for first-time homebuyers or investors seeking rental income. The clear title and established location make it a reliable asset in the current Palghar real estate market.

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