Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613566
Bank Name:GIC Housing Finance Ltd.
Branch Name:Mumbai
Reserve Price:₹6,87,659
EMD:₹68,765
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
This is a residential house located in Vasai, Palghar, Maharashtra. The property is being auctioned by GIC Housing Finance Ltd. under the SARFAESI Act. It presents an opportunity to acquire a home in a well-known area. Detailed property inspection is recommended prior to bidding.
State:Maharashtra
City:Palghar
Area:Vasai
Asset Category:Residential
Full Address:404, Nana Patil Sadan, Gut No: Gaothan, Building Name: Nana Patil Sadan, House No: 404, Floor No: Forth, Plot No: Gaothan, Street Name: Vasai, Land Mark: Virar, Village: Virar, Location: Virar (E), Taluka: Vasai, State: Maharashtra, Pin Code: 401303, Virar, Vasai
Building/Society:Nana Patil Sadan
Size:223 Sq Ft Area
Auction Description
GIC Housing Finance Ltd. is conducting a SARFAESI auction for a residential house in Vasai, Palghar, Maharashtra. The auction will take place on November 21, 2025, from 3:00 PM to 4:00 PM. The reserve price is ₹6,87,659, with an EMD of ₹68,765. This is a single-day auction event, so interested bidders should be prepared to participate within the specified timeframe.
Borrower Name:SUBHASH HARICHANDRA INGAVALE
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Virar, a developing area, presents an opportunity. The relatively small size and lower reserve price may attract investors seeking affordable housing options. However, due diligence is necessary to assess the property's condition and potential for appreciation.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:Auctionbazaar
Contact Details:
SANTOSH KHAVARE
Contact no:9819906655
