Commercial Building SARFAESI Auction Physical Possession

323.69 sq meter Commercial Building for Auction in Sargasan Gandhinagar, Gandhinagar., Gandhinagar – SBI

Sargasan Gandhinagar, Gandhinagar., Gandhinagar, Gujarat · Auction ID #117583

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Commercial Building for auction in Sargasan Gandhinagar, Gandhinagar., Gandhinagar – SBI – photo 1
Commercial Building for auction in Sargasan Gandhinagar, Gandhinagar., Gandhinagar – SBI – photo 2
Commercial Building for auction in Sargasan Gandhinagar, Gandhinagar., Gandhinagar – SBI – photo 3
Commercial Building for auction in Sargasan Gandhinagar, Gandhinagar., Gandhinagar – SBI – photo 4
Commercial Building for auction in Sargasan Gandhinagar, Gandhinagar., Gandhinagar – SBI – photo 5
Commercial Building for auction in Sargasan Gandhinagar, Gandhinagar., Gandhinagar – SBI – photo 6
Commercial Building for auction in Sargasan Gandhinagar, Gandhinagar., Gandhinagar – SBI – photo 7
Commercial Building for auction in Sargasan Gandhinagar, Gandhinagar., Gandhinagar – SBI – photo 8
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Reserve Price ₹2,20,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 23 Nov 2026, 12:00 PM In 8 days
EMD Last Date 23 Nov 2026, 04:55 PM In 8 days
Area323.69 sq meter
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Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Area
323.69 sq meter (≈ 3,484 sq ft)
Reserve price / sq ft
₹6,314
Locality
Sargasan Gandhinagar, Gandhinagar.
State
Gujarat
Pincode
382421
Address
SARGASAN GANDHINAGAR, Gandhinagar., Gujarat, 382421 View on map

Description (as per sale notice)

COMMERCIAL SHOP NO 11 ADMEASURING 323.69 SQ MTR ON THIRD FLOOR AT SARGASAN

BAANKNET Property ID: SBIN38507285739
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Bank & Auction Details

Bank / Lender
State Bank of India
Branch
SARB AHMEDABAD-05181
Auction type
SARFAESI Auction
Borrower
M/S S**** B***** P***** L*****
Auction start
23 Nov 2026, 12:00 PM
Auction end
23 Nov 2026, 05:00 PM
EMD submission deadline
23 Nov 2026, 04:55 PM
Inspection
18 Nov 2026, 02:00 PM – 18 Nov 2026, 03:00 PM
Authorised officer
AJAY KUMAR
Officer contact
8290881133
E-auction portal
BAANKNET (Property ID SBIN38507285739)
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Price Check

This listing's reserve price works out to ₹6,314 per sq ft. The average across commercial bank auctions in Gandhinagar on our site is ₹6,687 per sq ft, so this one is 6% 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 18 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID SBIN38507285739)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 23 Nov 2026, 04:55 PM. It is refunded if you don't win.
  5. Bid online on 23 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 State Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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