Land for auction 1 HOTEL ADITYA Part of Lakhani Commercial Bhupendra, Rajkot by BOI

This property is a Land And Building located in Rajkot, Gujarat, specifically on Bhupendra Road. It consists of commercial units (Shop Nos. 11 & 12) on the ground floor and hotel rooms/conference hall on the second through sixth floors of the 'HOTEL ADITYA' building. The total built-up area is substantial, covering 14177 sq. ft. spread across multiple floors. The property is associated with M/s Pratibha Hotels Private Limited and is being auctioned by Union Bank of India. It is situated in a key area of Rajkot, opposite Rajshri Cinema.

Union Bank of India is auctioning a Land And Building property located in Bhupendra Road, Rajkot, Gujarat. The property includes Shop Nos. 11 & 12 on the Ground Floor and multiple rooms on the Second to Sixth Floors of the building known as 'HOTEL ADITYA', part of Lakhani Commercial Complex. The total area is approximately 520 sq. ft. for the shops and 14177 sq. ft. (1317.09 sq. mtrs) for the rooms on upper floors. The property is in the name of M/s Pratibha Hotels Private Limited and is under symbolic possession. The auction is conducted under SARFAESI Act with a reserve price of 4,21,50,000.00 and EMD of 42,15,000.00. The auction will take place on March 27, 2025, from 12:00 PM to 5:00 PM.