Commercial Building for Auction in Zikiyari, Morbi – SBI

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Locality

Zikiyari

City

Morbi

State

Gujarat

Pincode

363641

Address

ZIKIYARI, Morbi, Gujarat, 363641 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SAMB AHMEDABAD-04199

Auction type

SARFAESI Auction

Borrower

ELEGANCE F*** P***** A** I**** P***** L*****

Auction start

18 Nov 2026, 11:00 AM

Auction end

18 Nov 2026, 04:00 PM

EMD submission deadline

18 Nov 2026, 04:00 PM

Inspection

06 Nov 2026, 03:00 PM – 06 Nov 2026, 05:00 PM

Authorised officer

Shri Digant Dave

Officer contact

9909888240

E-auction portal

BAANKNET (Property ID SBIN200016642655)

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 6 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN200016642655)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 18 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 18 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.