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Shop SARFAESI Auction

1,088 sq ft Shop for Auction in Palanpur – Pegasus ARC

Palanpur, Gujarat · Auction ID #7921

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Reserve Price ₹19,58,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 30 Sep 2026, 11:00 AM
EMD Last Date 30 Sep 2026
Area1,088 sq ft

Property Details

Property type
Shop (Commercial)
Possession
Not specified
Area
1,088 sq ft
Reserve price / sq ft
₹1,800
Locality
—
State
Gujarat
Pincode
385535
Address
Lot 2 - Commercial Shop Ground Floor, Room No.1, 2, 4, 7, 8, 9, 11 & 12 Shetrunjay Shoping Center // Mouje-Bhoyan // Tal-Deesa, Dist- Banaskantha-385535 admeasuring 1088 Sq ft (BUA) Google Location: 24°14'18.2"N 72°12'28.8"E View on map

Description (as per sale notice)

Lot 2 - Commercial Shop Ground Floor, Room No.1, 2, 4, 7, 8, 9, 11 & 12 Shetrunjay Shoping Center // Mouje-Bhoyan // Tal-Deesa, Dist- Banaskantha-385535 admeasuring 1088 Sq ft (BUA) Google Location: 24°14'18.2"N 72°12'28.8"E

Bank & Auction Details

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
—

Price Check

This listing's reserve price works out to ₹1,800 per sq ft. The average across commercial bank auctions in Palanpur on our site is ₹3,661 per sq ft, so this one is 51% 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 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 10078), 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.

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 Pegasus Assets Reconstruction. Always verify every detail with the official notice and the authorised officer before paying any money.

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