Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613442
Bank Name:Punjab National Bank
Branch Name:ARMB Branch : Surat
Reserve Price:₹1,63,71,000
EMD:₹6,38,000
Bid Increment:₹1,00,000
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:26-11-2025 11:00 AM
Property Description
This is a bank auction property located in Bhiloda, Sabarkantha, Gujarat. The asset is a Commercial Property, identified as belonging to M/S SHREEJI SALES CORPORATION. The property is being auctioned by Punjab National Bank under the SARFAESI Act.
State:Gujarat
City:Sabarkantha
Area:Bhiloda
Asset Category:Commercial
Full Address:R.S.No./Block No. 93/P/4, (old R.S No. 93/1/1), Bhiloda, Sabarkantha
Size:8094 sq mtrs
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a Commercial Property in Bhiloda, Sabarkantha, Gujarat. The auction starts on 26-11-2025 at 11:00 AM and ends on 26-11-2025 at 04:00 PM. The reserve price for this auction is 16,371,000.0 INR, with an Earnest Money Deposit (EMD) of 638,000.0 INR required to participate.
Borrower Name:M/S SHREEJI SALES CORPORATION
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its industrial zoning and size, suitable for an LPG bottling plant. While the location in Bhiloda might not be prime, the reserve price and potential for industrial use justify a closer look. Auction terms and inspection should be carefully evaluated.
Contact Details
Branch:Branch Office : ARMB Branch : Surat
Service Provider:BAANKNET
Contact Details:
Contact no: —
