Commercial Shops for Auction (11 & 12) Hotel Aditya Rajkot by BOI

Property for Auction in Bhupendra Road, Rajkot, Gujarat

Property Type IconProperty Type:
Commercial Shop
Location IconLocation:
Bhupendra Road, Rajkot
Auction Date IconAuction Date:
30-05-2025 12:00 PM

Auction Details

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

Important Dates

Submission Date:29-05-2025 05:00 PM

Bid Start Date:30-05-2025 12:00 PM

Property Description

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

Auction Description

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 Details

Contact : Mr. Dhurandhar Ram 7800003631

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