Commercial Property for Auction Karanj Surat 71.8 Crore by Liquidation E Auction
Karanj, Surat
Area: 51853.05 sq. meters
Block No 1 & 12 to 16, Village-Karanj, Tal Mandvi, Dist-Surat, Gujarat-394110
Liquidation E-Auction · Ahmedabad
Reserve price
₹71,78,60,621
EMD ₹3,58,93,031
Auction date
28 Sep 2026, 01:00 PM
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Quick read
- ▸Area: 51853.05 sq. meters
- ▸Locality: Karanj
- ▸Reserve: ₹71,78,60,621
- ▸EMD: ₹3,58,93,031
Auction snapshot
| Possession | — |
| Property type | Commercial Property · Commercial |
| Locality | Karanj |
| Built-up / plot area | 51853.05 sq. meters |
| Lender | Liquidation E-Auction |
| Branch | Ahmedabad |
| Unit / flat no. | Block No 1 & 12 to 16 |
| Building / society | Surat Plant |
| Auction type | Liquidation Auction |
| Bid increment | ₹50,00,000 |
| Service provider | BAANKNET |
About this property
Commercial Property bank auction in Karanj, Surat by Liquidation E-Auction — reserve price ₹71,78,60,621, 51853.05 sq. meters.
Explore this prime industrial bank auction property located in Mandvi, Surat. This commercial real estate opportunity features the entire Surat plant of Nakoda Limited (in liquidation), covering an extensive land area of 51,853.05 sq. meters across Block No 1 & 12 to 16 in Village-Karanj. The property comprises Phase-1 and Phase-2 industrial units along with an additional flat. This is a significant investment opportunity for industrial expansion, being sold via e-auction on 28th September 2026. With a reserve price of ₹71.78 Crores, this asset offers substantial scale for manufacturing businesses looking for established industrial infrastructure in Gujarat. Interested buyers should review the e-auction terms carefully and ensure submission of the EMD by 26th September 2026. Secure your investment in one of Surat's industrial hubs through this official liquidation sale.
GeoSquare note: This is a massive industrial asset covering over 51,000 sq. meters, ideal for large-scale manufacturing operations. While liquidation sales carry complexities regarding legal title and potential encumbrances, the scale of the facility and the strategic location in the Surat industrial belt make it a strong buy for institutional investors. Independent due diligence is highly recommended given the size and nature of the liquidation process.
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