Representative illustration — Commercial Shop bank auction in Memnagar
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Symbolic possession Strong Buy

Shop for Auction Memnagar Ahmedabad 4 Crore by Axis Finance Limited 418669

Memnagar, Ahmedabad

Area: 315.8703 sq. mtrs

Commercial Shop No 3, First Floor, SHREE PANCHVILA TOWER, Jayantanagar Co operative Housing Society Limited Vibhag-3, Memnagar, Taluka Ghatlodiya, Ahmedabad, Gujarat

Axis Finance Limited · Regional Office

Reserve price

₹3,97,80,000

EMD ₹39,78,000

Auction date

30 Sep 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 315.8703 sq. mtrs
  • Locality: Memnagar
  • Reserve: ₹3,97,80,000
  • EMD: ₹39,78,000

Auction snapshot

PossessionSymbolic
Property typeCommercial Shop · Commercial
LocalityMemnagar
Built-up / plot area315.8703 sq. mtrs
LenderAxis Finance Limited
BranchRegional Office
Unit / flat no.Shop No 3
Building / societySHREE PANCHVILA TOWER
FloorFirst Floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerdrt.auctiontiger.net

About this property

Commercial Shop bank auction in Memnagar, Ahmedabad by Axis Finance Limited — reserve price ₹3,97,80,000, 315.8703 sq. mtrs, Symbolic possession.

Bank auction property available for sale: A spacious commercial shop situated in 'SHREE PANCHVILA TOWER', Memnagar, Ahmedabad. This prime commercial unit is located on the first floor with an area of 315.8703 sq. mtrs (approx. 3400 sq. ft.). The property is being auctioned by Axis Finance Limited on an 'As is where is' basis. With a reserve price of ₹3,97,80,000, this is an excellent opportunity for investors looking for commercial real estate in a key locality of Ahmedabad. The auction is scheduled for 30th September 2026. Interested bidders must submit their EMD by 29th September 2026. Don't miss this chance to acquire a commercial shop in a well-connected area of Gujarat.

GeoSquare note: This property is a high-potential commercial asset located in a well-established area of Ahmedabad. While the current possession is symbolic, the shop's substantial size and commercial utility make it a strong investment opportunity for business owners or investors, provided they perform due diligence on local taxes and legal clearances.

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