Office SARFAESI Auction Physical Possession

2,353 sq meter Office for Auction in Infocity Gandhinagar, Gandhinagar., Gandhinagar – PSB

Infocity Gandhinagar, Gandhinagar., Gandhinagar, Gujarat · Auction ID #100478

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Office for auction in Infocity Gandhinagar, Gandhinagar., Gandhinagar – PSB – photo 1
Office for auction in Infocity Gandhinagar, Gandhinagar., Gandhinagar – PSB – photo 2
Office for auction in Infocity Gandhinagar, Gandhinagar., Gandhinagar – PSB – photo 3
Office for auction in Infocity Gandhinagar, Gandhinagar., Gandhinagar – PSB – photo 4
Office for auction in Infocity Gandhinagar, Gandhinagar., Gandhinagar – PSB – photo 5
Office for auction in Infocity Gandhinagar, Gandhinagar., Gandhinagar – PSB – photo 6
Office for auction in Infocity Gandhinagar, Gandhinagar., Gandhinagar – PSB – photo 7
Office for auction in Infocity Gandhinagar, Gandhinagar., Gandhinagar – PSB – photo 8
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Reserve Price ₹13,50,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 20 Nov 2026, 11:30 AM In 6 days
EMD Last Date 19 Nov 2026, 05:00 PM In 5 days
Area2,353 sq meter
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Property Details

Property type
Office (Commercial)
Possession
Physical Possession
Area
2,353 sq meter (≈ 25,327 sq ft)
Reserve price / sq ft
₹5,330
Locality
Infocity Gandhinagar, Gandhinagar.
State
Gujarat
Pincode
382010
Address
infocity gandhinagar, Gandhinagar., Gujarat, 382010 View on map

Description (as per sale notice)

Sub leased property at Tower no.1, 4th floor, office no. 401 to 417 Info City Tower, “CH-O Circle”, Gandhinagar, Ahmedabad measuring 38000 sq. ft.

BAANKNET Property ID: PSIB012345
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Bank & Auction Details

Bank / Lender
Punjab & Sind Bank
Branch
SAMVERT - STRESSED ASSET MANAGEMENT VERTICAL-D0744
Auction type
SARFAESI Auction
Borrower
FRONTLINE C***** L**
Auction start
20 Nov 2026, 11:30 AM
Auction end
20 Nov 2026, 12:30 PM
EMD submission deadline
19 Nov 2026, 05:00 PM
Inspection
05 Nov 2026, 11:00 AM – 05 Nov 2026, 01:00 PM
Authorised officer
Jitendra Patlya
Officer contact
9617741289
E-auction portal
BAANKNET (Property ID PSIB012345)
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Price Check

This listing's reserve price works out to ₹5,330 per sq ft. The average across commercial bank auctions in Gandhinagar on our site is ₹6,687 per sq ft, so this one is 20% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on 5 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID PSIB012345)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 19 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 20 Nov 2026 starting above the reserve price.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Punjab & Sind Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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