Shop for auction 1 Morbi Nagar, MORBI, Rajkot by Capri Global Capital Limi

Discover an exceptional commercial opportunity in Morbi, Rajkot, Gujarat, with this second-floor commercial unit, "Krishna Handloom" (also known as Hall No. 2), part of the esteemed SUPER MARKET complex. Spanning a generous 620.50 Sq. Fts. (57.66 Sq. Mts.), this property offers ample space for various business ventures. Strategically located near the New Bus Stand on Sanala Road, directly opposite Ashapura Tower, it benefits from high visibility and substantial foot traffic in a bustling commercial hub. This prime location within Morbi Nagarpalika Limitarea ensures excellent connectivity and accessibility, making it an ideal setting for retail, offices, or service-oriented businesses. The property's placement within a well-known commercial complex adds to its appeal, promising potential for strong customer engagement and business growth. This is a compelling prospect for new buyers looking to establish or expand their commercial presence in a vibrant and developing area.

For aspiring property owners, this commercial asset is offered via a SARFAESI Auction by Capri Global Capital Limited, a well-established financial institution. The auction is scheduled for February 20, 2025, from 03:00 PM to 04:00 PM, providing a dedicated one-hour window for bids. A crucial detail for participation is the Reserve Price, set at INR 6,480,000.00. To qualify, interested bidders must submit an Earnest Money Deposit (EMD) of INR 648,000.00, which is 10% of the Reserve Price. The deadline for application submission, including the EMD, is February 19, 2025, at 05:00 PM. The auction will be conducted online through the platform drt.auctiontiger.net. Prospective buyers are strongly advised to conduct thorough due diligence and may contact Mr. Prabhat Barolia at 9799395860 or Ms. Kalpana Chetanwala at 7738039346 for any inquiries regarding the auction process or property details. Understanding these key parameters is vital for a successful bidding experience.