Representative illustration — Plot bank auction in Salwad
Representative illustration — not the actual property photograph.
Plot Residential Physical possession Strong Buy

Plot for Auction Salwad Palghar 5.5 Lakh by Muthoot Housing Finance Company Limited

Salwad, Palghar

Area: 385 sq. ft.

Flat-304, A-Wing, Poonam Apartment, Village - Salwad, Taluka - Palghar, District - Palghar

Muthoot Housing Finance Company Limited · Mumbai

Reserve price

₹5,50,000

EMD ₹55,000

Auction date

22 Sep 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 385 sq. ft.
  • Locality: Salwad
  • Reserve: ₹5,50,000
  • EMD: ₹55,000

Auction snapshot

PossessionPhysical
Property typePlot · Residential
LocalitySalwad
Built-up / plot area385 sq. ft.
LenderMuthoot Housing Finance Company Limited
BranchMumbai
Unit / flat no.Flat-304
Building / societyPoonam Apartment
FloorThird Floor
Auction typeSARFAESI Auction
Service providerdrt.auctiontiger.net

About this property

Plot bank auction in Salwad, Palghar by Muthoot Housing Finance Company Limited — reserve price ₹5,50,000, 385 sq. ft., Physical possession.

Explore this residential bank auction property in Salwad, Palghar. This flat, located in Poonam Apartment, offers a built-up area of 385 sq. ft. on the third floor. Being sold by Muthoot Housing Finance Company Limited, this property presents a lucrative opportunity for budget-conscious investors looking for residential real estate in the Palghar region. With a reserve price of ₹5.5 Lakhs and physical possession held by the bank, this auction is ideal for those seeking a clear title transfer. Interested buyers must complete the EMD submission by September 21, 2026. Don't miss this chance to invest in a bank auction property in Palghar, Maharashtra. Conduct your due diligence and participate in the e-auction scheduled for September 22, 2026.

GeoSquare note: The property is a budget-friendly residential unit located in a developing area of Palghar. The bank has already secured physical possession, which significantly reduces legal risks for the buyer. Given the low reserve price, it represents a strong investment opportunity for first-time buyers or rental income seekers.

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