Non- Agricultural Land for auction Sherganj Patan 1 Cr Canara Bank

Property for Auction in Patan, Patan, Gujarat

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
12646 Sq Mt
Reserve Price
1,01,00,000
Reserve Price
1,01,00,000
EMD Required
10,10,000
Property Specifications
Size12646 Sq Mt
Unit No.Plot No 1 to 13 & Plot No 1 to 95
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Non- Agricultural Land
Location IconLocation:
Patan, Patan
Auction Date IconAuction Date:
18-11-2025 01:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609170

Bank Name:Canara Bank

Branch Name:ARM Branch

Reserve Price:1,01,00,000

EMD:10,10,000

Bid Increment:10,000

Auction Time:01:00 PM to 03:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-17

Bid Start Date:2025-11-18

Property Description

This is a prime non-agricultural land parcel located in Patan, Gujarat, offered for sale by Canara Bank. The property is situated in the Patan area, known for its developing infrastructure and potential for growth. As a residential asset category, it presents a versatile opportunity for development or investment. The land is part of a SARFAESI auction initiated by Canara Bank, providing a clear title and a secure transaction process. Don't miss this chance to acquire a valuable piece of land in a desirable location.

State:Gujarat

City:Patan

Area:Patan

Asset Category:Residential

Full Address:Plot No 1 to 13 & Plot No 1 to 95, Sim of Village Sherganj, Ta Randanpur, Distt-Patan, Sherganj, Patan

Size:12646 Sq Mt

Auction Description

Canara Bank is conducting a SARFAESI auction for a valuable non-agricultural land in Patan, Gujarat. The auction will take place on November 18, 2025, starting at 1:00 PM and concluding at 3:00 PM. The reserve price for this asset is ₹10,100,000.00, with an Earnest Money Deposit (EMD) of ₹1,010,000.00 required to participate. This is a fantastic opportunity to invest in a residential property in Patan. For further details and bidding, please refer to the official auction portal.

Borrower Name:M/s Shree MB Agro

Auction Type:SARFAESI Auction

Guarantor Names:Smt. Keshiben Motibhai Patel, Smt. Nilamben Maheshbhai Thakkar

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property is a relatively large land parcel suitable for commercial development, offered at a reasonable reserve price. However, potential investors should conduct thorough due diligence regarding zoning, accessibility, and market demand. The physical possession status is a positive factor, making it a 'Calculated Opportunity' with moderate risk.

Contact Details

Branch:Branch Office : ARM Branch

Service Provider:BAANKNET

Contact Details:

Authorised Officer

Contact no: —

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