Property for Auction in Bhupendra Road, Rajkot, Gujarat
Auction ID:501176
Bank Name:Union Bank of India
Branch Name:Stressed asset Management Branch : Mumbai
Reserve Price:₹2,01,00,000
EMD:₹20,10,000
Service Provider:BAANKNET
Submission Date:29-05-2025 05:00 PM
Bid Start Date:30-05-2025 12:00 PM
The property consists of several commercial shop units in Rajkot, Gujarat, specifically on Bhupendra Road. On the lower level, units include Shop Nos. 11/A, 11/B, 12/A, 12/B, 13/A, 13/B, 14, 15, 16, 17 & 18, with an area of approximately 1949.40 sq. ft. The upper level comprises Shop Nos. 4 to 7-B, 8A, 8-B, 9-A, 2-A, 2-B, 3-A & 3-B, with a super built-up area of approximately 1821.90 sq. ft. The total aggregate area for both levels is approximately 3770.50 sq. ft. The shops are north-facing and attached to the Hotel Aditya building, featuring mezzanines and suitable for use as offices or coffee shops. The property is located in the 'CHAITANYA SHOPPING CENTRE' building.
State:Gujarat
City:Rajkot
Area:Bhupendra Road
Asset Category:Commercial
This is a SARFAESI auction conducted by Union Bank of India for commercial properties located on Bhupendra Road, Rajkot, Gujarat. The auction includes multiple commercial shops with a combined super built-up area of approximately 3770.50 sq. ft. These shops are situated on both lower and upper levels of the 'CHAITANYA SHOPPING CENTRE' building, attached to Hotel Aditya. The property is being auctioned under symbolic possession. The reserve price is INR 2,01,00,000 and the EMD is INR 20,10,000. The auction is scheduled for May 30, 2025.
Borrower Name:Ms. Britex Cotton International Ltd.
Auction Type:SARFAESI Auction
Contact : Mr. Dhurandhar Ram 7800003631