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Hotel for sale in Halvad

Halvad, Morbi, Gujarat – 363330

Punjab & Sind Bank · MORBI-M1547

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Reserve price
₹60,30,000
EMD
₹6,03,000
Bid increment
₹60,500

This is the 2nd auction of this property. The last auction had a reserve of ₹53,33,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property2 Nov 2026, 10:00 AM – 6 Nov 2026, 5:00 PM
  2. Pay EMD and submit bid by12 Nov 2026, 1:00 PM
  3. Auction12 Nov 2026, 12:00 PM – 2:00 PM · in 28 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
12 Nov 2026₹60,30,000+13.1%Upcoming
25 Mar 2026₹53,33,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹6,03,000
Rest of 25% when you win (same or next day)
₹9,04,500
Balance 75%, usually within 15 days
₹45,22,500
Stamp duty and registration (about 5–8%, varies by state)
₹3.02 L – ₹4.82 L

You may bid above the reserve in steps of ₹60,500. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Commercial · Hotel
Possession
Physical
Auction type
Bank sale (SARFAESI)
Address
"Chamunda Hotel", Plot No 1, Opp Sahyog Hotel, Off Halvad Maliya Highway, Vill : Juna Devaliya, Tal & Dist : Morbi 363351
Borrower
Somnath agro industries

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