All auctions / Gujarat / Mahendranagar
20Nov
16794 square meter Godowns for sale in Mahendranagar
Mahendranagar, Morbi, Gujarat – 363642
Canara Bank · AHMEDABAD SPECIALISED ARM BRANCH
- Reserve price
- ₹4,50,00,000
- EMD
- ₹45,00,000
- Bid increment
- ₹1,00,000
- Area
- 4.15 acres
- Price per sq ft
- ₹249
This is the 8th auction of this property. The reserve price is 2.2% lower than at the last auction (₹4,60,00,000 on 23 Sep 2026, 1:00 PM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property16 Nov 2026, 10:00 AM – 16 Nov 2026, 5:00 PM
- Pay EMD and submit bid by19 Nov 2026, 5:00 PM
- Auction20 Nov 2026, 1:00 PM – 3:00 PM · in 34 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 20 Nov 2026 | ₹4,50,00,000 | -2.2% | Upcoming |
| 23 Sep 2026 | ₹4,60,00,000 | -1.1% | Closed |
| 14 Aug 2026 | ₹4,65,00,000 | — | Closed |
| 29 Jun 2026 | ₹4,65,00,000 | -18.6% | Closed |
| 20 May 2026 | ₹5,71,50,000 | -10.0% | Closed |
| 28 Apr 2026 | ₹6,35,00,000 | — | Closed |
| 7 Apr 2026 | ₹6,35,00,000 | -52.5% | Closed |
| 17 Mar 2026 | ₹13,35,58,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹45,00,000
- Rest of 25% when you win (same or next day)
- ₹67,50,000
- Balance 75%, usually within 15 days
- ₹3,37,50,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹22.50 L – ₹36.00 L
You may bid above the reserve in steps of ₹1,00,000. 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 · Godowns
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- Emt Of Factory Land And Building Revenue Survey No. 269/P3/P2, Situated At Village Rangpar, Taluka/ Dist Morbi, Gujarat Admeasuring 16794.00 Sq. Mtr. The Boundaries Are - North – Agri Land Of S.No. 274 And 275 South – Agri Land Of S.No. 269p East – Agri Land Of S.No. 270 West – Land Of S. No. 269p Owned By Lorex Ceramic
- Borrower
- SUPERGRES TILES LLP
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