4,321 sq meter Factory for Auction in Chhapi, Palanpur – Canara

Property Details

Property type

Factory (Industrial)

Possession

Symbolic Possession

Area

4,321 sq meter (≈ 46,510 sq ft)

Reserve price / sq ft

₹473

Locality

Chhapi

City

Palanpur

State

Gujarat

Pincode

385210

Address

Chhapi, Gujarat, 385210 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

AHMEDABAD SPECIALISED ARM BRANCH

Auction type

SARFAESI Auction

Borrower

M/S S***** (***** f**** A** M/s S**** W*** T*** P***** F***

Auction start

25 Nov 2026, 01:00 PM

Auction end

25 Nov 2026, 03:00 PM

EMD submission deadline

24 Nov 2026, 05:00 PM

Inspection

20 Nov 2026, 10:00 AM – 20 Nov 2026, 05:00 PM

Authorised officer

CHANDRA PRAKASH CHHIPA

Officer contact

8238091942

E-auction portal

BAANKNET (Property ID CNRB326570050001)

Price Check

This listing's reserve price works out to ₹473 per sq ft. The average across industrial bank auctions in Palanpur on our site is ₹1,476 per sq ft, so this one is 68% 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 20 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB326570050001)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 24 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 25 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.