Property for Auction in Bhupendra Road, Rajkot, Gujarat
Auction ID:501172
Bank Name:Union Bank of India
Branch Name:Stressed asset Management Branch : Mumbai
Reserve Price:₹3,42,00,000
EMD:₹34,20,000
Service Provider:BAANKNET
Submission Date:29-05-2025 05:00 PM
Bid Start Date:30-05-2025 12:00 PM
Commercial Shop auction for Shop Nos. 11 & 12 on the Ground Floor (520 sq. ft.) and rooms on the Second to Sixth Floors (14177 sq. ft.) in the building "HOTEL ADITYA", Lakhani Commercial Complex, Bhupendra Road, Rajkot, Gujarat. The property is situated on land with City Survey Ward No. 1, Gity Survey Ward Nos. 2906 to 2922. The auction is by Union Bank of India.
State:Gujarat
City:Rajkot
Area:Bhupendra Road
Asset Category:Commercial
This is a SARFAESI auction for commercial property located in Rajkot, Gujarat, specifically on Bhupendra Road. The property includes Shop Nos. 11 & 12 on the Ground Floor with an area of 520 sq. ft. Additionally, the second to sixth floors comprise 8 rooms each, along with a conference hall on the second floor, totaling 14177 sq. ft. (1317.09 sq. meters). The property is part of the "HOTEL ADITYA" within the Lakhani Commercial Complex. The auction is being conducted by Union Bank of India, with a reserve price of 34,200,000.00 and an EMD of 3,420,000.00. The auction will take place on May 30, 2025, from 12:00 PM to 5:00 PM. The property is under symbolic possession. Key contact person is Mr. Dhurandhar Ram at 7800003631.
Borrower Name:Ms. Britex Cotton International Ltd.
Auction Type:SARFAESI Auction
Contact : Mr. Dhurandhar Ram 7800003631