Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613553
Bank Name:GIC Housing Finance Ltd.
Branch Name:Mumbai
Reserve Price:₹17,45,226
EMD:₹1,74,522
Auction Time:3.00 PM TO 04:00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
A residential house located in Boisar, Palghar, Maharashtra. This property is being auctioned by GIC Housing Finance Ltd. under SARFAESI regulations. It presents a valuable opportunity for buyers looking for a home in a developing area.
State:Maharashtra
City:Palghar
Area:Boisar
Asset Category:Residential
Full Address:Flat 301 C Wing, Raul Nagar Bldg No 2, Gut No: 178, Building Name: Raul Nagar Bldg No 2, House No: Flat 301 C Wing, Plot No: 178, Street Name: Moti Nagar, Land Mark: Raul Nagar, Village: Kurgaon, Boisar, Palghar
Building/Society:Raul Nagar Bldg No 2
Size:570 Sq Ft Area
Auction Description
GIC Housing Finance Ltd. is conducting a SARFAESI auction for a residential house in Boisar, Palghar, Maharashtra. The auction will take place on November 21, 2025, from 03:00 PM to 04:00 PM. The reserve price is set at INR 17,45,226.00, with an Earnest Money Deposit (EMD) of INR 1,74,522.00 required to participate. This is a bank auction, offering a unique chance to acquire property directly from the financial institution.
Borrower Name:NIRU MAHESH MAKWANA
Auction Type:SARFAESI Auction
Guarantor Names:MAHESH KARSAN MAKWANA
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in Boisar, a developing location. The reserve price seems reasonable. However, further due diligence is recommended to assess the overall investment potential, considering auction terms and property condition.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:Auctionbazaar
Contact Details:
SANTOSH KHAVARE
Contact no:9819906655
