Industrial Land for Auction Rangpar Morbi 2.8 Crore by Punjab National Bank 28 May 2026
Rangpar, Morbi
Area: 18413 sq. mtrs
Revenue Survey No. 406/1 Paiki 2, Jetpur Road, Village Rangpar
Punjab National Bank · ARMB
Reserve price
₹2,77,39,000
EMD ₹27,75,000
Auction date
28 May 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 18413 sq. mtrs
- ▸Locality: Rangpar
- ▸Reserve: ₹2,77,39,000
- ▸EMD: ₹27,75,000
Auction snapshot
| Possession | Physical |
| Property type | Industrial Land · Industrials |
| Locality | Rangpar |
| Built-up / plot area | 18413 sq. mtrs |
| Lender | Punjab National Bank |
| Branch | ARMB |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Industrial Land bank auction in Rangpar, Morbi by Punjab National Bank — reserve price ₹2,77,39,000, 18413 sq. mtrs, Physical possession.
Bank auction property! Industrial land for sale in Morbi, Gujarat, under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. This prime industrial property admeasuring 18413 sq. mtrs, located at Revenue Survey No. 406/1 Paiki 2, Jetpur Road, Village Rangpar, is up for e-auction. The reserve price is ₹27739000.0, with an EMD of ₹2775000.0. The e-auction will be held on 2026-05-28 from 11:00 AM to 04:00 PM. Don't miss this opportunity to acquire valuable industrial land through a bank auction.
GeoSquare note: The industrial land in Morbi, Gujarat, offers a potential investment opportunity given its size and location. The reserve price is reasonable, but prospective buyers should conduct thorough due diligence regarding encumbrances and market conditions. Physical possession adds to the property's appeal, though the 'Not Known to Bank' encumbrance status necessitates caution.
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