All auctions / Gujarat / Morbi
27Oct
8530.84 square meter Industrial Plot with Factory Building for sale in Pavdiyari Bus…
Morbi, Gujarat – 363641
Bank of India · ARB RAJKOT
- Reserve price
- ₹6,59,85,000
- EMD
- ₹65,98,500
- Bid increment
- ₹25,000
- Area
- 3.01 acres
- Price per sq ft
- ₹503
This is the 5th auction of this property. The last auction had a reserve of ₹6,59,85,000. Unsold properties usually come back at a lower reserve.
Key dates
- Pay EMD and submit bid by27 Oct 2026, 4:50 PM
- Auction27 Oct 2026, 11:00 AM – 5:00 PM · in 11 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹6,59,85,000 | — | Upcoming |
| 31 Aug 2026 | ₹6,59,85,000 | -5.9% | Closed |
| 28 Jul 2026 | ₹7,01,00,000 | -0.0% | Closed |
| 15 Jun 2026 | ₹7,01,10,000 | -10.0% | Closed |
| 25 Mar 2026 | ₹7,79,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹65,98,500
- Rest of 25% when you win (same or next day)
- ₹98,97,750
- Balance 75%, usually within 15 days
- ₹4,94,88,750
- Stamp duty and registration (about 5–8%, varies by state)
- ₹32.99 L – ₹52.79 L
You may bid above the reserve in steps of ₹25,000. 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
- Industrial · Industrial Plot with Factory Building
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- Factory land and Building with structures, fixtures and fittings at R.S. No. 553, at Vill- Shapar, Taluka –Morbi, Dist – Morbi, Gujarat- 363630 behind Pavdiyari Bus Stop, Morbi – Jetpur Road, Morbi
- Borrower
- M/s Logart Ceramic Pvt. Ltd.
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