Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613580
Bank Name:GIC Housing Finance Ltd.
Branch Name:Mumbai
Reserve Price:₹21,38,400
EMD:₹2,13,840
Auction Time:03:00 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, offered through a SARFAESI auction by GIC Housing Finance Ltd. The property is part of the asset portfolio of borrower AFZAL MUBARAK CHOHAN. This auction presents an opportunity to acquire a house in a well-established area of Maharashtra.
State:Maharashtra
City:Palghar
Area:Vasai
Asset Category:Residential
Full Address:206, Dreams Valley Complex-Bldg No.02, Gut No: 28 H No 2, Building Name: Dreams Valley Complex-Bldg No.02, House No: 206, Floor No: Second, Plot No: 28, Street Name: Main Road, Land Mark: Behind Vitthal Mandir, Village: Waliv, Waliv - Vasai East, Vasai
Building/Society:Dreams Valley Complex-Bldg No.02
Size:528 Sq Ft
Auction Description
GIC Housing Finance Ltd. is conducting a SARFAESI auction for a residential house in Vasai, Palghar, Maharashtra. The auction has a reserve price of ₹21,38,400 and requires an Earnest Money Deposit (EMD) of ₹2,13,840. The auction will take place online on November 21, 2025, commencing at 3:00 PM and concluding at 4:00 PM. Interested bidders should review all auction terms and conditions before participating.
Borrower Name:AFZAL MUBARAK CHOHAN
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Vasai, a developing suburb, presents a moderate investment opportunity. The reserve price is relatively accessible, though the physical possession status is a positive. The limited information and potential for unforeseen costs justify a 'Calculated Opportunity' rating.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:Auctionbazaar
Contact Details:
SANTOSH KHAVARE
Contact no:9819906655
