260 sq ft Commercial Building for Auction in Palanpur – Pegasus ARC

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

260 sq ft

Reserve price / sq ft

₹3,954

Locality

—

City

Palanpur

State

Gujarat

Pincode

385320

Address

Lot 3 - Residential cum commercial property at Milkat No.879 & 880, Hariom Jewelers, Nr Jumma Masjid, Ramdev Temple, Ramdev Temple Road, At-Tal-Bhabhar, Dist-Banaskantha-385320 admeasuring 260 sq ft (plot) and 626.46 sq ft (construction). Google Location: 24°04'02.5"N 71°35'51.2"E View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Pegasus Assets Reconstruction

Branch

—

Auction type

SARFAESI Auction

Borrower

M/s S**** A***** N***** O***** P***** 2*** T**** 1

Auction start

30 Sep 2026, 11:00 AM

Auction end

30 Sep 2026, 12:00 PM

EMD submission deadline

30 Sep 2026

Inspection

—

Authorised officer

Shubhodeep Banerjee

Officer contact

—

E-auction portal

eAuctions (Linkstar) · Auction ID 10079

Price Check

This listing's reserve price works out to ₹3,954 per sq ft. The average across commercial bank auctions in Palanpur on our site is ₹3,661 per sq ft, so this one is 8% 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 (eAuctions (Linkstar) · Auction ID 10079), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 30 Sep 2026. It is refunded if you don't win.
5. Bid online on 30 Sep 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.