A second floor flat in Bandate, Palghar, Maharashtra, listed by Authum Investment & Infrastructure Ltd under the SARFAESI Act, 2002.
Registration is open now. Reserve ₹10.97 L, EMD ₹1.10 L. Registration and EMD close 26 Nov 2026, 5:00 PM IST.
First seen · Source: Authum Investment & Infrastructure listing on bankeauctions.com; lender’s sale documents
Compiled from Authum Investment & Infrastructure Ltd’s listing 245176 and its linked sale documents on bankeauctions.com, checked on 11 Nov 2026. BiddingPulse is independent research, not affiliated with the lender or bankeauctions.com; follow the lender’s registration and payment instructions. The sale follows the lender’s published process.
The reserve is ₹10,97,000, with an EMD of ₹1,10,000. The property row and listing both print ₹1,10,000 EMD. That specific amount differs slightly from the notice’s generic 10%-of-reserve clause; confirm the demand rather than replacing it with a calculated figure. The highest bid is subject to acceptance under the sale notice.
The property, dates, possession, participation requirements, payments and material risks in the linked sale documents, read on 11 Nov 2026. Any conflict or missing detail is identified below. This is not a title or occupancy verification. Names of borrowers and other people are left out.
Authum Investment & Infrastructure Ltd is selling a second floor flat in Bandate, Palghar, Maharashtra. Its sale notice says the lender has taken physical possession. The property is security for a loan, and the lender is selling it under the SARFAESI Act, 2002, which lets a lender sell a defaulted loan’s security without going to court.
The reserve is ₹10,97,000 and the notice EMD is ₹1,10,000. The property row and listing both print ₹1,10,000 EMD. That specific amount differs slightly from the notice’s generic 10%-of-reserve clause; confirm the demand rather than replacing it with a calculated figure. The online auction is scheduled for 27 Nov 2026, 11:00 AM–1:00 PM IST. See the bidding rules below for increments and extensions. Inspection is set for 21 Nov 2026, 11:00 AM–4:00 PM IST.
Use the official listing below to read the sale notice, register, pay the EMD and bid. Check every figure here against it first.
| Stage | Date | What it means | Source |
|---|---|---|---|
| Platform press date | 4 Nov 2026 | The platform gives 4 November 2026 as its press-release date. The inspected signed notice leaves its issue-date line blank; no publication hour is established. | Listing 245176 |
| Listing seen | 4 Nov 2026 | First seen on bankeauctions.com | Listing 245176 |
| Inspection | 21 Nov 2026, 11:00 AM–4:00 PM IST | The window the sale notice gives to see the property; arrange it with the lender | Sale notice |
| Registration and EMD close | 26 Nov 2026, 5:00 PM IST | Register, pay the EMD and submit your opening offer (usually at least the reserve); bidding itself is in the online auction | Listing 245176 |
| Online auction | 27 Nov 2026, 11:00 AM–1:00 PM IST | See the bidding rules below for bid increments, extensions and any conflicting instructions. | Sale notice |
| Payment after acceptance | Notice-specific deadlines | Read the payment deadlines and conditions below; the lender’s documents set the dates. | Sale documents |
Read the requirements and risks from this lot’s sale documents, checked on 11 Nov 2026. Follow the lender’s originals and any later amendment before paying.
Flat 204 on the second floor, A wing, Building 7, Sagar Apartment, village Bandate, Kelwe Road East, Palghar, Maharashtra 401404. The notice does not state the flat area, its land share or tenure.
Owner’s name left out for privacy.
The reserve is ₹10,97,000 and the earnest-money deposit (EMD) is ₹1,10,000. The property row and listing both print ₹1,10,000 EMD.
That specific amount differs slightly from the notice’s generic 10%-of-reserve clause; confirm the demand rather than replacing it with a calculated figure. The published submission deadline is 26 Nov 2026, 5:00 PM IST.
The online auction is a separate event; follow the notice’s payment and document instructions.
Register on the auction platform in advance, pay the specified EMD by demand draft/NEFT/RTGS and deliver the completed bid form with EMD remittance evidence in a sealed cover to the Authorised Officer at Unit 304, Sunrise Business Park, Plot B-68, Road 16, Kisan Nagar, Wagle Estate, Thane 400604 by the registration and EMD cutoff.
The notice requires the cover to identify the loan/property as directed in the original; verify the correct payment beneficiary and delivery instructions there. The officer checks the bid and EMD and authorises qualified bidders.
The printed conditions do not give a complete KYC or applicant-type checklist; confirm the required documents before paying. Bids cannot be withdrawn, and the highest bidder must confirm the final bid by email to the officer and service provider.
The lender’s sale notice says it has taken physical possession. The lender’s sale notice sets inspection for 21 Nov 2026, 11:00 AM–4:00 PM IST. Ask Authum Investment & Infrastructure’s authorised officer before you pay the EMD.
Clause 14 requires 25% of the bid amount, including EMD, on the same day the sale is knocked down in the bidder’s favour, then the remaining 75% within 15 days from the date of sale.
Clause 17 instead describes payment of the full price after the stated 1% TDS deduction, adjusting EMD, within 15 working days of acceptance. These clocks conflict.
Obtain the Authorised Officer’s written payment schedule; do not assume the longer period applies. Any further time is at the officer’s written discretion.
Default can cancel the sale and forfeit all amounts paid, including EMD.
The notice puts municipal/panchayat taxes, electricity and other authority dues on the purchaser before the sale certificate, along with conveyance, stamp duty, registration and incidental costs. It also requires the stated TDS payment and certificate; confirm its applicability and the demand with the officer.
The sale certificate follows full payment and proof of taxes and charges.
The sale is as-is, without warranties or recourse. Inspect the title deeds, actual dimensions, encumbrances, dues and present occupation.
The notice’s property row records physical possession on 17 April 2025; this does not guarantee vacant possession, clear title or immediate handover. The officer may postpone or cancel the sale; the highest bid is not an unconditional allotment.
Clause 11 provides unlimited ten-minute extensions when a bid arrives within the final ten minutes.
New to bank auctions? Risks, costs and checks before a bank auction — the full guide.
Check the latest notice and any amendments before paying. Follow the registration, payment and bidding instructions above and in the lender’s documents. BiddingPulse accepts no registrations, deposits or bids.
Open the Authum notice pack and match Flat 204, Sagar Apartment, reserve ₹10,97,000 and auction 27 Nov 2026 11:00 IST. The pack contains other properties; use this property's two-page notice.
Reserve ₹10,97,000, EMD ₹1,10,000, registration by 26 Nov 2026.
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