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Industrial Plot with Factory Building for sale in GIDC industrial estate Phase-I…

Ahmedabad, Gujarat – 380001

State Bank of India · SAMB AHMEDABAD-04199

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹6,90,00,000
EMD
₹69,00,000
Bid increment
₹1,00,000

This is the 3rd auction of this property. The reserve price is 9.8% lower than at the last auction (₹7,65,00,000 on 24 Aug 2026, 12:00 PM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property8 Oct 2026, 2:00 PM – 8 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by19 Oct 2026, 5:00 PM (EMD closes in 4 days)
  3. Auction21 Oct 2026, 12:00 PM – 1:00 PM · in 6 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
21 Oct 2026₹6,90,00,000-9.8%Upcoming
24 Aug 2026₹7,65,00,000-7.8%Closed
25 Mar 2026₹8,30,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹69,00,000
Rest of 25% when you win (same or next day)
₹1,03,50,000
Balance 75%, usually within 15 days
₹5,17,50,000
Stamp duty and registration (about 5–8%, varies by state)
₹34.50 L – ₹55.20 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
Industrial · Industrial Plot with Factory Building
Possession
Physical
Auction type
DRT (Debt Recovery Tribunal) · DRT-1, Ahmedabad
Address
Plot no 162 163 BY 1, GIDC, Naroda, Ahmedaabd
Borrower
SAYONA COLOURS PRIVATE LIMITED

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