Flat for auction Virar West Palghar 31 lakh Bank of Maharashtra

Property for Auction in Virar, Palghar, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
Constructive
Reserve Price
30,61,000
Reserve Price
30,61,000
EMD Required
3,06,000
Property Specifications
Society/BuildingACROPOLIS, Rustomjee Global City
Unit No.906
Floor9th Floor
Possession StatusConstructive
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Virar, Palghar
Auction Date IconAuction Date:
14-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612040

Bank Name:Bank of Maharashtra

Branch Name:MUMBAI NORTH ZONAL OFFICE

Reserve Price:30,61,000

EMD:3,06,000

Auction Time:11:00 a.m. to 3:00 p.m.

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-13

Bid Start Date:2025-11-14

Property Description

This is a residential flat located in Virar, Palghar, Maharashtra. It is being auctioned by the Bank of Maharashtra under the SARFAESI Act. The property was previously owned by Mrs. REKHA PARAG HATISKAR. It represents an opportunity to acquire a flat in this developing area.

State:Maharashtra

City:Palghar

Area:Virar

Asset Category:Residential

Full Address:906, ACROPOLIS, Rustomjee Global City, Residential Flat No-906, 9th Floor, D Wing in ACROPOLIS, Rustomjee Global City, MMRDA Layout Sector -3, Chikhaldongri Road, Virar West, Dist Palghar-401303, Virar West, Palghar

Building/Society:ACROPOLIS, Rustomjee Global City

Auction Description

The Bank of Maharashtra is conducting a SARFAESI auction for a residential flat in Virar, Palghar, Maharashtra. The auction will take place on November 14, 2025, from 11:00 AM to 03:00 PM. The reserve price for this auction is ₹30,61,000, with an Earnest Money Deposit (EMD) of ₹3,06,000 required to participate.

Borrower Name:Mrs. REKHA PARAG HATISKAR

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Constructive

Encumbrance Details:Not Known

Why This Property

The property is a residential flat in Virar, offered at a reasonable reserve price. While it presents a potential investment, the location and 'constructive' possession status suggest a 'Calculated Opportunity' with moderate risk. Further due diligence regarding the society and local market trends is recommended.

Contact Details

Branch:Branch Office : MUMBAI NORTH ZONAL OFFICE

Service Provider:BAANKNET

Contact Details:

Suman Kumar Jha

Contact no:8530253773

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