Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613806
Bank Name:Central Bank of India
Branch Name:Rajkot Regional Office
Reserve Price:₹13,93,070
EMD:₹1,39,307
Bid Increment:₹20,000
Auction Time:12:00 Noon to 5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
This SARFAESI auction features industrial property located in Lakhtar, Surendranagar, Gujarat. The property comprises factory land and a building, previously owned by Mis Shubham Engineering Works. Situated in a key industrial area, this is a prime opportunity for investment or operational expansion.
State:Gujarat
City:Surendranagar
Area:Lakhtar
Asset Category:Industrials
Full Address:39, Revenue Survey No. 166/2/1, Plot No. 39, GIDC Industrial Estate, Lakhtar, District: Surendrangaar (Gujarat), GIDC Industrial Estate, Lakhtar
Size:500 Sq. Mtrs.
Auction Description
Central Bank of India presents an e-auction for factory land and building in Lakhtar, Surendranagar. The auction will be conducted on November 19, 2025, from 12:00 PM to 05:00 PM. The reserve price is set at ₹13,93,070, with an Earnest Money Deposit (EMD) of ₹1,39,307. This is a SARFAESI auction, offering a unique chance to acquire valuable industrial assets.
Borrower Name:Mis Shubham Engineering Works
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Hina Kiritbhai Motka, Smt. Ushaben Pankajbhai Motka
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The industrial property in Lakhtar presents a calculated opportunity due to its location within the GIDC estate and reasonable reserve price. While industrial areas can be subject to market fluctuations, the established estate provides existing infrastructure and potential for industrial activity. Investment should be carefully considered based on due diligence of the local market.
Contact Details
Branch:Branch Office : Rajkot Regional Office
Service Provider:BAANKNET
Contact Details:
Yashwantkumar
Contact no:9687690014
