Representative illustration — House bank auction in Keshav Nagar, Boisar
Representative illustration — not the actual property photograph.
House Residential Symbolic possession Fair Option

House for Auction Keshav Nagar Boisar Palghar 1.8 Crore by Punjab National Bank 368487

Keshav Nagar, Boisar, Palghar

Area: 6639 sq. ft.

Plot No 7,8,9, S.No. 31/2, Opp. Boisar-Tarapur Road, Keshav Nagar, Vill-Boisar, Tal.& Dist. Palghar-401501

Punjab National Bank · Stressed Asset Management Branch : Mumbai

Reserve price

₹1,79,10,000

EMD ₹17,91,000

Auction date

04 Aug 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 6639 sq. ft.
  • Locality: Keshav Nagar, Boisar
  • Reserve: ₹1,79,10,000
  • EMD: ₹17,91,000

Auction snapshot

PossessionSymbolic
Property typeHouse · Residential
LocalityKeshav Nagar, Boisar
Built-up / plot area6639 sq. ft.
LenderPunjab National Bank
BranchStressed Asset Management Branch : Mumbai
Unit / flat no.Row House No. 03
Building / societyUnique Enclave
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerBAANKNET

About this property

House bank auction in Keshav Nagar, Boisar, Palghar by Punjab National Bank — reserve price ₹1,79,10,000, 6639 sq. ft., Symbolic possession.

Participate in the Punjab National Bank auction for an Incomplete Row House (No. 03) at Unique Enclave, Boisar, Palghar. This residential property spans 6639 sq. ft. and is situated in the prime locality of Keshav Nagar, near the Boisar-Tarapur Road. Owned by Mr. Vijay Rajendra Gupta under the Ajay Metallics Pvt Ltd. account, this bank auction property offers a significant investment opportunity in the growing Palghar district. The auction is scheduled for 2026-08-04 with a reserve price of ₹1,79,10,000. Potential buyers should note the symbolic possession status and conduct necessary due diligence. Ideal for developers or investors looking for large-scale residential projects in a developing area. Secure your bid for this bank-repossessed asset before the deadline.

GeoSquare note: The property offers a large area in a developing suburb, which is favorable for long-term investment. However, the 'Incomplete' status of the row house and 'Symbolic' possession status present significant execution risks and potential legal complexities for the buyer. The pricing is substantial, requiring a thorough audit of construction costs and legal titles before proceeding.

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