Land for auction Matel Wankaner 3 Cr Kotak Mahindra Bank

Kotak Mahindra Bank presents an industrial land auction in Wankaner, Morbi, Gujarat. This prime plot, formerly held by Stefina Ceramic Pvt Ltd, offers a significant opportunity for industrial development. Located in a key industrial area, the land is well-suited for manufacturing, warehousing, or other commercial ventures. Benefiting from the strategic location within Gujarat, this asset represents a sound investment for businesses looking to expand their footprint or establish new operations. The property is being auctioned under the SARFAESI Act, providing a clear title for the successful bidder.

This is a SARFAESI auction conducted by Kotak Mahindra Bank for industrial land in Wankaner, Morbi, Gujarat. The auction will take place on November 18, 2025, with bidding open from 11:00 AM to 12:00 PM. The reserve price for this valuable industrial plot is ₹3,00,00,000 (Three Crore Rupees), with an Earnest Money Deposit (EMD) of ₹30,00,000 (Thirty Lakh Rupees) required to participate. This is a unique chance to acquire significant industrial real estate in a prominent Gujarat location. Interested parties are advised to review all auction terms and conditions prior to bidding.

The property is an industrial land in Gujarat, offered at a reserve price of ₹30,000,000. While the location is industrial, further due diligence is required to determine its true potential and market demand. It is a 'Calculated Opportunity' due to price and location, but potential investors should assess the area's market dynamics before bidding.