Property Type:
Location:
Auction Date:Auction Details
Auction ID:545472
Bank Name:Yes Bank
Branch Name:Surat
Reserve Price:₹5,80,00,000
EMD:₹58,00,000
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:21-08-2025 05:00 PM
Bid Start Date:22-08-2025 11:00 AM
Property Description
This offering is a commercial property located in Rangpar, Morbi, Gujarat. Situated in a key industrial and commercial hub, this property presents significant potential for various business ventures. Morbi is known for its ceramic industry, and Rangpar offers strategic access. The property is categorized as commercial and is available through a bank auction. Specific details regarding the property's size, construction, and exact location within Rangpar will be available in the detailed auction notice.
State:Gujarat
City:Morbi
Area:Rangpar
Asset Category:Commercial
Auction Description
Yes Bank presents a SARFAESI auction for a commercial property in Rangpar, Morbi, Gujarat. The auction will take place on August 22, 2025, from 11:00 AM to 02:00 PM. The reserve price is ₹5,80,00,000 and the Earnest Money Deposit (EMD) is ₹58,00,000. This is an excellent opportunity to acquire a commercial asset in a developing region. The property is being auctioned due to the default of Lucaso Ceramic Private Ltd.
Borrower Name:Lucaso Ceramic Private Ltd
Auction Type:SARFAESI Auction
Contact Details
Contact No ; Mr. Bhagirathsinh Rayjada on 8160322752
