Property for Auction in Bhuj, Kutch, Gujarat
Auction ID:527307
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹3,90,00,000
EMD:₹39,00,000
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:00 AM
The property on offer is a prime industrial open land parcel, strategically positioned in Bhuj, Kutch, Gujarat. Specifically, it is located at R.S.No. 426, opposite H D Industries, along Mamuara Road in Village Mamuara. This expansive plot covers an area of 17907 square meters, making it ideal for a wide range of industrial development and manufacturing activities. Kutch, and Bhuj in particular, is a region experiencing significant industrial growth, offering excellent connectivity and logistical advantages. The land's designation as industrial property suggests its suitability for setting up factories, warehouses, or other commercial ventures. Buyers are encouraged to conduct their due diligence regarding local zoning laws, infrastructure access, and potential for future expansion. This offering represents a valuable chance to invest in a substantial land asset within a burgeoning industrial hub, poised for future economic development and offering significant potential for returns on investment.
State:Gujarat
City:Kutch
Area:Bhuj
Asset Category:Industrials
This is a SARFAESI auction conducted by Canara Bank for an industrial open land located in Bhuj, Kutch, Gujarat. The property, identified by R.S.No. 426 and situated opposite H D Industries on Mamuara Road in Village Mamuara, spans an impressive 17907 square meters. The auction is scheduled to take place on July 31, 2025, with bidding open from 11:00 AM to 12:00 PM. Prospective buyers must submit their applications by 05:00 PM on July 30, 2025. A crucial aspect for participation is the Earnest Money Deposit (EMD) of ₹3,900,000, which is 10% of the reserve price of ₹39,000,000. This auction presents a significant opportunity for investors looking to acquire a substantial parcel of industrial land in a developing region. Interested parties are advised to review all auction terms and conditions thoroughly on the service provider's platform.
Borrower Name:M/s Earth Minera Processors
Auction Type:SARFAESI Auction
Mr Dhamesh Asher : 9892219848