2,500 sq feet Commercial Building for Auction in Mehsana – PNB

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

2,500 sq feet (≈ 2,500 sq ft)

Reserve price / sq ft

₹2,560

Locality

—

City

Mehsana

State

Gujarat

Pincode

384002

Address

Mahesana, Gujarat, 384002 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB VADODARA833000

Auction type

DRT Auction

Borrower

HARPALSINGH V***** Z***

Auction start

27 Nov 2026, 12:00 PM

Auction end

27 Nov 2026, 01:00 PM

EMD submission deadline

26 Nov 2026, 05:00 PM

Inspection

28 Oct 2026, 11:00 AM – 28 Oct 2026, 02:00 PM

Authorised officer

ANAND KUMAR ROY

Officer contact

9897521016

E-auction portal

BAANKNET (Property ID PUNBSAHARADRT)

Price Check

This listing's reserve price works out to ₹2,560 per sq ft. The average across commercial bank auctions in Mehsana on our site is ₹2,535 per sq ft, so this one is 1% 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 28 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PUNBSAHARADRT)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 27 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.