BanksAuctions.com logo
anksAuctions.com
IndustrialUpcoming auctionVerified listing

Industrial in RAJKOT HIGHWAY ROAD, PO SIHOR

RAJKOT HIGHWAY ROAD, PO SIHOR, Sihor

Reserve price
₹9.87 Cr
Auction date
12 Mar 2026
11:00 AM
EMD deadline
28 Jan 2026
1:50 PM
Bid increment
₹1,00,000.00

Location details

Property Address
11 &12, L G ESTATE, BEHIND GARIBSHAPIT, RAJKOT HIGHWAY ROAD, PO SIHOR BHAVNAGAR, GUJRAT 364240
Locality: RAJKOT HIGHWAY ROAD, PO SIHOR
City: Sihor
District: Bhavnagar
State: Gujarat
Pin Code: 364240
Country: India
Nearest Airport / Railway Station / Bus Stand
AIRPORT: Ahmedabad, BUS STOP: SIHOR

Auction timeline

Auction starts
12 Mar 2026 at 11:00 AM
Auction ends
12 Mar 2026 at 2:00 PM
EMD submission deadline
28 Jan 2026 at 1:50 PM

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

Property overview

Type
Industrial
Sub Type
Industrial Plot with Factory Building
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹9.87 Cr
Property Identifiers
Bank Property ID
PUNBAWA001307
Collateral ID
Factory L&B

Property Images

Price history

2 previous auctions
₹9.9Cr28 Jan₹9.9CrNow
₹9,86,90,000.00
19 Feb 2026
Industrial
Punjab National Bank logoPunjab National BankPossession: Symbolic
₹9,86,90,000.00
28 Jan 2026
Industrial
Punjab National Bank logoPunjab National BankPossession: Symbolic

Borrower & Loan details

Borrower Name
DIAMOND TIMBER INDUSTRIES
Registered Address of Borrower
11 &12, L G ESTATE, BEHIND GARIBSHAPIT, RAJKOT HIGHWAY ROAD, PO SIHOR BHAVNAGAR, GUJRAT 364240
Ownership of Property
Borrower
NPA Amount
₹34.63 Cr
NPA Date
01 May 2017
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
Factory L&B
Customer ID
AWA001307
Demand Notice
Notice Date
24 May 2018
Notice Amount
₹34.63 Cr
Asset Classification
Classification Date
30 Jun 2021
Classification ID
1
Possession Dates
Symbolic
10 Jan 2019

Additional details

Description
Schedule I- All the piece and parcel of Land, Building and Plant & Machinery located at plot no 9 admeasuring 10570.82sq mts, being one plot of Industrial (Non Agriculture) land, ADM.A.9-30G, bearing RS No 326 of Sihor, Taluka Sihor, Registration Dist Bhavnagar, and Sub Dist Sihor registered in the name of M/s Diamond Timber Industries. Schedule II- All the piece and parcel of Land, Building and Plant & Machinery located at plot no 11 & 12 admeasuring 9247.37sq mts, (1000 sq. mts shed and 8247.37 sq. mts open land), being one plot of Industrial (Non Agriculture) land, ADM.A.10-30G, bearing RS No 329 of Sihor, Taluka Sihor, Registration Dist Bhavnagar, and Sub Dist Sihor registered in the name of M/s Diamond Timber Industries. Schedule III- All the piece and parcel of Land, Building and Plant & Machinery located at plot no 13 admeasuring 5000.07sq mts and 567.58 sq mts, a factory shed over it, being one plot of Industrial (Non Agriculture) land, bearing RS No 326 of Sihor, Taluka Sihor, Registration Dist Bhavnagar, and Sub Dist Sihor registered in the name of M/s Diamond Timber Industries. All above properties together is having Municipal address of M/s Diamond Timber Industries, G Estate, Behind Garibshapir, Rajkot, Bhavnagar Highway Road, PO: Sihor, Dist Bhavnagar, Gujrat

EMD Schedule

EMD Start
23 Feb 2026
6:57 PM
EMD Deadline
12 Mar 2026
1:50 PM
Payment Deadline
28 Jan 2026

Inspection Schedule

Inspection Start
10 Mar 2026
11:00 AM
Inspection End
10 Mar 2026
4:00 PM

Officer Details

Authorized Officer
Anant Prasad
Authorised Officer - Scale - IV - CM
Dealing Officer
Anant Prasad

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
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
Factory L&B
Property ID
PUNBAWA001307

Nearby Amenities

Nearest Station
AIRPORT: Ahmedabad, BUS STOP: SIHOR
Punjab National Bank logo
Punjab National Bank
Verified seller
Branch: SAMB KOLKATA - 835000
IFSC: PUNB

Bank contact

+91 98365 24511+91 91635 49111
Branch Address
Punjab National Bank, Zonal SASTRA Office Kolkata
Branch IFSC
PUNB0835000
Department
SAMB KOLKATA - 835000