Industrial Land for Auction Pipli Morbi 47.5 Lakh by Indian Bank 24 Jun 2026
Pipli, Morbi
Area: 1227.62 Sq. Mtrs
Plot No. 20, S.No. 188/1p1, S. No. 188/2p1, S.No. 188/2p2 & S. No. 188/2p3, village Pipli, Morbi Taluka
Indian Bank · Zonal Office Rajkot
Reserve price
₹47,52,000
EMD ₹4,75,200
Auction date
24 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1227.62 Sq. Mtrs
- ▸Locality: Pipli
- ▸Reserve: ₹47,52,000
- ▸EMD: ₹4,75,200
Auction snapshot
| Possession | Symbolic |
| Property type | Industrial Land · Industrials |
| Locality | Pipli |
| Built-up / plot area | 1227.62 Sq. Mtrs |
| Lender | Indian Bank |
| Branch | Zonal Office Rajkot |
| Unit / flat no. | 20 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Industrial Land bank auction in Pipli, Morbi by Indian Bank — reserve price ₹47,52,000, 1227.62 Sq. Mtrs, Symbolic possession.
Bank auction property! An industrial land parcel admeasuring 1227.62 Sq. Mtrs is up for e-auction in Pipli, Morbi. This land is located at Plot No. 20, situated in a prime industrial area. The auction, conducted by Indian Bank, offers a great opportunity for industrial investors. The reserve price is ₹47,52,000 with an EMD of ₹4,75,200. The e-auction is scheduled for 2026-06-24. Don't miss this chance to acquire a valuable industrial land parcel through this bank auction property. Property is under Symbolic possession.
GeoSquare note: The property is an industrial land parcel in Morbi, a known industrial hub. The reserve price is reasonable. However, the symbolic possession status may require additional legal processes, lowering the rating slightly. It could be a reasonable investment for those familiar with the local market and legal landscape.
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