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Industrial in Nar, Petlad

Nar, Petlad, Petlad

Reserve price
₹5.59 Cr
Auction date
13 Mar 2026
11:00 AM
EMD deadline
24 Sept 2025
4:00 PM
Bid increment
₹50,000.00

Location details

Property Address
Plant and Machinery owned by MJS Paper Industries Private Limited lying in the factory premises Consolidated Block/ Survey No 1655, Computer Khata No 2199, Non-Agriculture Commercial Land of Moje Vilage Nar, Ta Petlad, Dist Anand, Gujarat.
Locality: Nar, Petlad
City: Petlad
District: Anand
State: Gujarat
Pin Code: 388450
Country: India
Nearest Airport / Railway Station / Bus Stand
Anand

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
Industrial
Sub Type
Others
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Others (Plant and Machinery)
Property Price
₹6.21 Cr
Property Identifiers
Bank Property ID
SBIN78205401445
CERSAI ID
200058782129
Collateral ID
78205401445

Property Images

Price history

5 previous auctions
₹9.4Cr28 Oct₹7.3Cr₹6.2Cr₹5.6CrNow 40.6% down
₹6,21,00,000.00
4 Dec 2025
Industrial
State Bank of India logoState Bank of IndiaPossession: Physical
₹6,21,00,000.00
24 Sep 2025
Industrial
State Bank of India logoState Bank of IndiaPossession: Physical
₹7,26,00,000.00
30 Jun 2025
Industrial
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
Ownership of Property
Borrower
NPA Amount
₹12.52 Cr
NPA Date
01 Apr 2023
Ownership Type
Freehold
Title Deed
Others
Asset Type
Immovable
Collateral ID
78205401445
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
11 Jun 2024

Additional details

Property USP
Plant and Machinery situated at Nar, Petlad, Anand
Description
Plant and Machinery owned by MJS Paper Industries Private Limited lying in the factory premises Consolidated Block/ Survey No 1655, Computer Khata No 2199, Non-Agriculture Commercial Land of Moje Vilage Nar, Ta Petlad, Dist Anand, Gujarat.

EMD Schedule

EMD Start
21 Feb 2026
8:51 PM
EMD Deadline
13 Mar 2026
4:00 PM
Payment Deadline
24 Sept 2025

Inspection Schedule

Inspection Start
06 Mar 2026
11:00 AM
Inspection End
06 Mar 2026
12:30 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
₹50,000.00
Extension Increment
₹50,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Others (Plant and Machinery)
Asset Type
Immovable
Collateral ID
78205401445
CERSAI ID
200058782129
Property ID
SBIN78205401445

Nearby Amenities

Nearest Station
Anand
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
SBIN0006926
Department
SAMB AHMEDABAD-04199