All auctions / Gujarat / Ahmedabad
24000 square feet Hotel for sale in Near Shri Lakhudi Talav Cross Road, Naranpura,…
Ahmedabad, Gujarat – 380013
State Bank of India · SAMB AHMEDABAD-04199
- Reserve price
- ₹10,75,00,000
- EMD
- ₹1,07,50,000
- Bid increment
- ₹1,00,000
- Area
- 26,203 sq ft
- Price per sq ft
- ₹4,103
This is the 2nd auction of this property. The reserve price is 9.7% lower than at the last auction (₹11,90,00,000 on 18 Mar 2026, 12:00 PM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property5 Oct 2026, 2:00 PM – 5 Oct 2026, 4:00 PM
- Pay EMD and submit bid by19 Oct 2026, 5:00 PM (EMD closes in 4 days)
- Auction21 Oct 2026, 12:00 PM – 1:00 PM · in 6 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 21 Oct 2026 | ₹10,75,00,000 | -9.7% | Upcoming |
| 18 Mar 2026 | ₹11,90,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹1,07,50,000
- Rest of 25% when you win (same or next day)
- ₹1,61,25,000
- Balance 75%, usually within 15 days
- ₹8,06,25,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹53.75 L – ₹86.00 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 · Hotel
- Possession
- Physical
- Auction type
- DRT (Debt Recovery Tribunal) · DRT-1, Ahmedabad
- Address
- Tanishq Hotel Ltd. in the project known as “Vardan Complex” situated at undivided proportionate share of land bearing Sub-Plot No. 12+13+13/a+14+14a of final Plot No. 96 to 99 and 147 of Town Planning Scheme No. 19 of Mouje- Sheikhpur-Khanpur of City, Taluka in the Registration District- Ahmedabad and Sub-District- Ahmedabad-3 (Memnagar), Near Shri Lakhudi Talav Cross Road, Naranpura, Ahmedabad
- Borrower
- M/s. Jag Heet Exports Pvt. Ltd
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