1,086.3 sq meter Industrial Plot for Auction in Halvad, Morbi – CBI

Property Details

Property type

Industrial Plot (Industrial)

Possession

Symbolic Possession

Area

1,086.3 sq meter (≈ 11,692 sq ft)

Reserve price / sq ft

₹1,576

Locality

Halvad

City

Morbi

State

Gujarat

Pincode

363330

Address

HALVAD, Gujarat, 363330 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Central Bank of India

Branch

HALWAD-3557

Auction type

SARFAESI Auction

Borrower

M/S P*** F*** P***** L***

Auction start

05 Nov 2026, 12:00 PM

Auction end

05 Nov 2026, 05:00 PM

EMD submission deadline

05 Nov 2026, 04:00 PM

Inspection

02 Nov 2026, 12:00 PM – 02 Nov 2026, 05:00 PM

Authorised officer

TARUN MOTWANI

Officer contact

9687690012

E-auction portal

BAANKNET (Property ID CBIN035571)

Price Check

This listing's reserve price works out to ₹1,576 per sq ft. The average across industrial bank auctions in Morbi on our site is ₹758 per sq ft, so this one is 108% 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 2 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CBIN035571)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 05 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 5 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.