Free Alerts

Auction date awaited. The bank has listed this property for sale but has not scheduled the auction yet. The price shown is the bank's indicative price. Save it or get free alerts — once the auction is announced it will appear in our auction listings with the reserve price, EMD and date.

Commercial Building SARFAESI Auction Symbolic Possession

101.63 sq feet Commercial Building for Sale (Bank Auction) in Lati Plot No. 2, Morbi, Morbi – CBI

Lati Plot No. 2, Morbi, Morbi, Gujarat · Auction ID #22316

WhatsApp
Commercial Building photo 1
Indicative Price ₹13,02,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area101.63 sq feet

Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
101.63 sq feet (≈ 101 sq ft)
Reserve price / sq ft
₹12,811
Locality
Lati Plot No. 2, Morbi
City
Morbi
State
Gujarat
Pincode
363641
Address
LATI PLOT NO. 2, MORBI, Gujarat, 363641 View on map

Description (as per sale notice)

NILESHBHAI BHAGVANJIBHAI JOBANPUTRA HAVING SHOP ADM 101.63 SQ. MTRS (1093.51 SQ. FT) CONSTRUCTED ON TERRACE AREA ADM 79.64 SQ. MTS (857 SQ. FT) + 22.11 SQ. FT ) TOTAL 238 SQ. FT SITUATED ON 1ST FLOOR, CONSTRUCTED ON LAND OF PLOT NO 135 PAIKI LAND OF LEKH NO 620 MORBI SHEET NO 202, CHA NO 47, C S No. 2116 Paiki C.S.W. No. 3 OF MORBI.

BAANKNET Property ID: CBIN165724

Bank & Auction Details

Branch
JAIRAJ PLOT RAJKOT_RO-1657
Auction type
SARFAESI Auction
Borrower
POWER V***** S*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹12,811 per sq ft. The average across commercial bank auctions in Morbi on our site is ₹2,648 per sq ft, so this one is 384% above 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CBIN165724)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — 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.

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 Central Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

Similar Auctions in Morbi

View all

Explore more