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Factory SARFAESI Auction Symbolic Possession

37.64 sq meter Factory for Auction in Nalsarovar, Ahmedabad – Canara

Nalsarovar, Ahmedabad, Gujarat · Auction ID #83777

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Factory for auction in Nalsarovar, Ahmedabad – Canara – photo 1
Reserve Price ₹12,50,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 15 Oct 2026, 01:00 PM
EMD Last Date 14 Oct 2026, 05:00 PM
Area37.64 sq meter
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Property Details

Property type
Factory (Industrial)
Possession
Symbolic Possession
Area
37.64 sq meter (≈ 405 sq ft)
Reserve price / sq ft
₹3,085
Locality
Nalsarovar
State
Gujarat
Pincode
382110
Address
Nalsarovar, Gujarat, 382110 View on map

Description (as per sale notice)

BAANKNET Property ID: CNRB3247843949
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
AHMEDABAD SPECIALISED ARM BRANCH
Auction type
SARFAESI Auction
Borrower
M/s. R***** I***** C***** P***** P***** L*****
Auction start
15 Oct 2026, 01:00 PM
Auction end
15 Oct 2026, 03:00 PM
EMD submission deadline
14 Oct 2026, 05:00 PM
Inspection
12 Oct 2026, 10:00 AM – 12 Oct 2026, 05:00 PM
Authorised officer
CHANDRA PRAKASH CHHIPA
Officer contact
8238091942
E-auction portal
BAANKNET (Property ID CNRB3247843949)
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Price Check

This listing's reserve price works out to ₹3,085 per sq ft. The average across industrial bank auctions in Ahmedabad on our site is ₹2,204 per sq ft, so this one is 40% 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 12 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB3247843949)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 14 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 15 Oct 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 Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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