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Commercial in Borsad

Borsad, Borsad

Reserve price
₹13.00 L
Auction date
13 Mar 2026
11:00 AM
EMD deadline
24 Sept 2025
4:00 PM
Bid increment
₹10,000.00

Location details

Property Address
All Piece and Parcel of R.S No. 1791/A Paiki T.P. Scheme No 1, Final Plot No 127, Total Admeasuring 2674.00 Sq Mtrs Paiki, Mahatma Gandhi Shopping Centre Paiki Shop No 39, Total Admeasuring 27.78 Sq Mtrs of Moje Village Borsad, Ta Anand, Dist-Anand, Gujarat
Locality: Borsad
City: Borsad
District: Anand
State: Gujarat
Pin Code: 388540
Country: India
Carpet Area: 27.77 sq m

Auction timeline

Auction starts
13 Mar 2026 at 11:00 AM
Auction ends
13 Mar 2026 at 4:00 PM
EMD submission deadline
24 Sept 2025 at 4:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Shops
Area
27.77 sq m
(Carpet)
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹14.00 L
Property Identifiers
Bank Property ID
SBIN78286759472
CERSAI ID
200058784338
Collateral ID
78286759472

Property Images

Price history

5 previous auctions
₹19.0L28 Oct₹17.0L₹14.0L₹13.0LNow 31.6% down
₹14,00,000.00
4 Dec 2025
Commercial
State Bank of India logoState Bank of IndiaPossession: Physical
₹14,00,000.00
24 Sep 2025
Commercial
State Bank of India logoState Bank of IndiaPossession: Physical
₹17,00,000.00
30 Jun 2025
Commercial
State Bank of India logoState Bank of IndiaPossession: Physical

Borrower & Loan details

Borrower Name
MJS Paper Industries Private Limited
Registered Address of Borrower
45 Krushnanagar Society ,Vibhag-1 Near Anand - Borsad Chowkdi Borsad, Dist- Anand, Gujarat-388540
Owner
Mr Riteshkumar Jayantilal Thakker
Ownership of Property
Guarantor Cum Mortgagor
NPA Amount
₹12.52 Cr
NPA Date
01 Apr 2023
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
78286759472
Customer ID
90658272943
Demand Notice
Notice Date
01 Apr 2024
Notice Amount
₹12.52 Cr
Asset Classification
Classification Date
01 Apr 2024
Classification ID
3
Possession Dates
Physical
22 Feb 2025

Additional details

Property USP
Shop at Mahatma Gandhi Shopping Centre, Borsad
Description
All Piece and Parcel of R.S No. 1791/A Paiki T.P. Scheme No 1, Final Plot No 127, Total Admeasuring 2674.00 Sq Mtrs Paiki, Mahatma Gandhi Shopping Centre Paiki Shop No 39, Total Admeasuring 27.77 Sq Mtrs of Moje Village Borsad, Ta Anand, Dist-Anand, Gujarat

EMD Schedule

EMD Start
21 Feb 2026
8:43 PM
EMD Deadline
13 Mar 2026
4:00 PM
Payment Deadline
24 Sept 2025

Inspection Schedule

Inspection Start
06 Mar 2026
1:00 PM
Inspection End
06 Mar 2026
2:30 PM

Officer Details

Authorized Officer
SHRI PRAKASH MAURYA
ASSISTANT GENERAL MANAGER
Dealing Officer
Shubhash Ram Vishnoi

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹10,000.00
Extension Increment
₹10,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
78286759472
CERSAI ID
200058784338
Property ID
SBIN78286759472
State Bank of India logo
State Bank of India
Verified seller
Branch: SAMB AHMEDABAD-04199
IFSC: SBIN

Bank contact

+91 99103 07668+91 82903 15894
Branch Address
SAMB PARAMSIDDHI COMPLEX, II FLOOR OPP V S HOSPITAL ELIS BRIDGE AHMEDABAD, GUJRAT
Branch IFSC
SBIN0004199
Department
SAMB AHMEDABAD-04199