Industrial Plot SARFAESI Auction Symbolic Possession

Industrial Plot for Auction in Mahendranagar, Morbi – Indian Bank

Mahendranagar, Morbi, Gujarat · Auction ID #110363

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Industrial Plot for auction in Mahendranagar, Morbi – Indian Bank – photo 1
Reserve Price ₹2,70,00,000 3.6% lower than previous auction (₹2.8 Cr)
EMD (Earnest Money)—
Bid Increment—
Auction Date 20 Nov 2026, 11:00 AM In 6 days
EMD Last Date 19 Nov 2026, 11:59 PM In 5 days
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Property Details

Property type
Industrial Plot (Industrial)
Possession
Symbolic Possession
Locality
Mahendranagar
City
Morbi
State
Gujarat
Pincode
363642
Address
Mahendranagar, Gujarat, 363642 View on map

Description (as per sale notice)

BAANKNET Property ID: IDIB30651268953
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Bank & Auction Details

Bank / Lender
Indian Bank
Branch
MORVI - 783
Auction type
SARFAESI Auction
Borrower
M/s OM M*****
Auction start
20 Nov 2026, 11:00 AM
Auction end
20 Nov 2026, 05:00 PM
EMD submission deadline
19 Nov 2026, 11:59 PM
Inspection
16 Nov 2026, 11:00 AM – 18 Nov 2026, 03:00 PM
Authorised officer
Ajay Kumar
Officer contact
9033083805
E-auction portal
BAANKNET (Property ID IDIB30651268953)
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Previous Auctions of This Property

Auction dateReserve price
20 Nov 2026₹2,70,00,000This auction
09 Oct 2026₹2,80,00,000View

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 16 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID IDIB30651268953)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 19 Nov 2026, 11:59 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 Indian Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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