Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:613107
Bank Name:Debts Recovery Tribunal
Branch Name:Ahmedabad
Reserve Price:₹1,90,00,000
EMD:₹19,00,000
Bid Increment:₹1,00,000
Auction Time:12:00pm to 01:00pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-15
Bid Start Date:2025-12-16
Property Description
This auction features a valuable industrial shed located in Manavadar, Junagadh, Gujarat. Situated in a key commercial area, this property offers significant potential for various industrial applications. The asset is being auctioned by the Debts Recovery Tribunal as part of a SARFAESI action. Ideal for businesses seeking a strategic operational base in the Junagadh region, this shed represents a compelling investment opportunity. Its location within Manavadar provides good connectivity and accessibility.
State:Gujarat
City:Junagadh
Area:Manavadar
Asset Category:Industrials
Full Address:Survey No. 613/2P of Manavadar, Adjoining to M. Panera College, Near Amar Petrol Pump, Bantva Road, Village Manavadar, Dist. Junagadh (Guj.), Manavadar, Junagadh
Size:14341.00 sq. mtrs
Auction Description
The Debts Recovery Tribunal is conducting a SARFAESI auction for an industrial shed in Manavadar, Junagadh, Gujarat. The auction will commence on December 16, 2025, at 12:00 PM and conclude at 01:00 PM on the same day. The reserve price for this asset is ₹19,000,000, with an Earnest Money Deposit (EMD) of ₹1,900,000 required to participate. This is a prime opportunity to acquire industrial property in a growing region. Bidders are advised to review all auction terms and conditions prior to the sale.
Borrower Name:M/s. Amar Ginning & Pressing Factory
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Vallabhdas Savjibhai Tank, Mr. KanjibhaiVallabhdas Tank, Mr. KanakkumarVallabhdas Tank, Mrs. Hemaliben Kanakkumar Tank, Mrs. Madhuben Kanjibhai Tank, Mrs. Shantaben V Tank, M/s. Amar Petroleum
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property's industrial classification and substantial land area in Manavadar present a solid investment. With a defined reserve price and auction terms, it offers a calculated opportunity for investors looking at industrial real estate. The location's proximity to key landmarks further enhances its appeal.
Contact Details
Branch:Branch Office : Ahmedabad
Service Provider:BAANKNET
Contact Details:
RAJESH KUMAR SHARMA
Contact no: —
