Property Type:
Location:
Auction Date:Auction Details
Auction ID:564084
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹4,18,00,000
EMD:₹41,80,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-09-2025 05:00 PM
Bid Start Date:25-09-2025 11:00 AM
Property Description
The property comprises factory land and a building located in Talaja, Bhavnagar, Gujarat. This industrial asset was previously operated by Gajanand Ginning. Situated in a key industrial area, the property offers significant potential for manufacturing, warehousing, or redevelopment. Its location in Bhavnagar district, Gujarat, provides access to regional infrastructure and markets. The asset is being auctioned under the SARFAESI Act by the State Bank of India.
State:Gujarat
City:Bhavnagar
Area:Talaja
Asset Category:Industrials
Auction Description
State Bank of India presents a SARFAESI auction for industrial assets in Talaja, Bhavnagar, Gujarat. This is a prime opportunity to acquire factory land and a building, formerly belonging to Gajanand Ginning. The auction will be held on September 25, 2025, from 11:00 AM to 01:00 PM. The reserve price is set at ₹4,18,00,000, with an Earnest Money Deposit (EMD) of ₹41,80,000 required to participate. This auction offers a unique chance to invest in industrial real estate in a developing region.
Borrower Name:Gajanand Ginning
Auction Type:SARFAESI Auction
Contact Details
(Contact Persons for Details-1) Shri Jayant Marathe - 7028789882 and 2) Shri Bhaskar Nimaje - 7600042359)
