Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613558
Bank Name:GIC Housing Finance Ltd.
Branch Name:Mumbai
Reserve Price:₹15,57,144
EMD:₹1,55,714
Bid Increment:₹10,000
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 Vasai, Palghar, Maharashtra. This property is being auctioned by GIC Housing Finance Ltd. under the SARFAESI Act. The property is situated in a well-developed area, offering a good opportunity for homebuyers or investors. Details regarding the specific size, layout, and condition of the house are available upon request. This is a chance to acquire a home in a sought-after location.
State:Maharashtra
City:Palghar
Area:Vasai
Asset Category:Residential
Full Address:B/204, Tulja Bhavani Apartment, Gut No: 26 H No 01/03, Building Name: Tulja Bhavani Apartment, House No: B/204, Floor No: 2nd, Plot No: 26 H No 01/03, Land Mark: Nr Datta Mandir, Village: Tulinj, Location: Nallosapare E, Taluka: Vasai, State: Maharashtra, Pin Code: 401209, Nallosapare E, Vasai
Building/Society:Tulja Bhavani Apartment
Size:299 Sq Ft Area
Auction Description
GIC Housing Finance Ltd. presents a SARFAESI auction for a residential house in Vasai, Palghar, Maharashtra. The reserve price for this auction is ₹15,57,144.00, with an Earnest Money Deposit (EMD) of ₹1,55,714.00 required to participate. The auction will be conducted online and will commence on November 21, 2025, at 03:00 PM and conclude at 04:00 PM on the same day. Interested bidders are advised to review all auction terms and conditions before participating. This is a bank auction for a property mortgaged by borrower PONNUSAMY KANDASAMY GOUNDER.
Borrower Name:PONNUSAMY KANDASAMY GOUNDER
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a relatively small house in a developing area near Vasai. While the reserve price appears reasonable, the smaller size and potential for future development in the area present a calculated opportunity rather than a prime investment. Due diligence is essential.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:Auctionbazaar
Contact Details:
SANTOSH KHAVARE
Contact no:9819906655
