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Office SARFAESI Auction

71.28 sq m Office for Auction in Navsari – Assets Care And Reconstruction Enterprise Limited

Navsari, Gujarat · Auction ID #110588

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Office for auction in Navsari – Assets Care And Reconstruction Enterprise LimitedRepresentative image – no photo published by the bank
Reserve Price ₹19,75,000
EMD (Earnest Money)₹1,97,500
Bid Increment₹5,000
Auction Date 19 Nov 2026, 02:30 PM In 5 days
EMD Last Date 18 Nov 2026, 04:00 PM In 4 days
Area71.28 sq m
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Property Details

Property type
Office (Commercial)
Possession
Not specified
Area
71.28 sq m (≈ 767 sq ft)
Reserve price / sq ft
₹2,574
Locality
—
State
Gujarat

Description (as per sale notice)

ALL THAT PIECE AND PARCEL OF THE COMMERCIAL PROPERTY BEING OFFICE NO. T-7, ADMEASURING 71.28 SQ. MTRS. (CONSTRUCTION AREA) TOGETHER WITH 29.07 SQ. MTRS. UNDIVIDED, NON-SUBSTITUTABLE SHARE IN THE LAND UNDERNEATH THE BUILDING AND COMMON AREAS MEANT FOR PARKING, SITUATED IN THE BUILDING/PROJECT CONSTRUCTED UPON THE LAND MORE PARTICULARLY DESCRIBED IN THE TITLE DOCUMENTS, THE PROPORTIONATE UNDIVIDED, NON-SUBSTITUTABLE SHARE IN THE LAND ADMEASURING 29.07 SQ. MTRS.. A 6 FEET WIDE GALLERY/PASSAGE SITUATED ON THE NORTHERN SIDE OF THE PROPERTY IS RESERVED FOR COMMON AND NON-SUBSTITUTABLE USE, AND NO ACT SHALL BE DONE BY THE OCCUPANT, PURCHASER OR ANY PERSON CLAIMING THROUGH HIM WHICH MAY OBSTRUCT, HINDER OR INTERFERE WITH SUCH COMMON PASSAGE RIGHTS. NO RIGHT, TITLE OR INTEREST IN THE TERRACE OF THE BUILDING IS CONVEYED OR TRANSFERRED ALONG WITH THE SAID OFFICE PREMISES. BOUNDARIES OF OFFICE NO. T-7: EAST: OFFICE NO. T-7 AND ADJOINING BUILDING/PROPERTY, WEST: OPEN SPACE, NORTH: COMMON PASSAGE/GALLERY LEADING TOWARDS THE HEAD OFFICE, SOUTH: OFFICE NO. T-6.
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Bank & Auction Details

Branch
Assets Care and Reconstruction Enterprise Limited, Mumbai - BO
Auction type
SARFAESI Auction
Borrower
Nileshbhai B***** P****
Auction start
19 Nov 2026, 02:30 PM
Auction end
19 Nov 2026, 03:30 PM
EMD submission deadline
18 Nov 2026, 04:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
C1 India
View official sale notice
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Price Check

This listing's reserve price works out to ₹2,574 per sq ft. The average across commercial bank auctions in Navsari on our site is ₹3,943 per sq ft, so this one is 35% 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 (open notice).
  2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹1,97,500 before 18 Nov 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 19 Nov 2026 starting above the reserve price, in multiples of ₹5,000.
  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 Assets Care And Reconstruction Enterprise Limited. Always verify every detail with the official notice and the authorised officer before paying any money.

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