Auction Closed · Scheduled Auction Date Passed (09 Oct 2026)

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Industrial Auction in Morbi | Gujarat Gramin Bank Auction

Factory Land & Building, Rikon Ceramics, Morbi · Reserve price ₹ 3,42,69,000 · Auction on 09 Oct 2026

Reserve price

₹ 3,42,69,000

EMD

₹ 34,26,900

Auction date

09 Oct 2026

Status

Ended

Bank

Gujarat Gramin Bank

Possession

As per notice

Photos do not establish property condition or title. Confirm the location, inspection window, terms and latest sale notice directly with the selling authority before paying EMD.

Property details

Property Type
Industrial
Description
Lalpar Morbi Branch. Demand notice 01.03.2024, outstanding Rs.3,69,33,523 (fund based + non-fund based, less recovery if any). Bid increase Rs.25,000. Inspection 07.10.2026.
Area
10825 sq.m
Locality
Morbi
Full Address
Survey No.79/3, 8-A NH, Near Zyden Microns LLP, Village Makansar, Ta & Dist Morbi
Pincode
363642

Bank & auction terms

Auction ID
AX-0VQH4FI
Bank / Authority
Gujarat Gramin Bank
Reserve Price
₹ 3,42,69,000
EMD Amount
₹ 34,26,900
Auction Date
09 Oct 2026
Auction Time
11:00
Borrower Name
Rikon Ceramics (Partnership Firm); Partners Vasantlal Laljibhai Dethariya, Shardaben Vasantlal Dethariya, Champaben Balubhai Dethariya, Balubhai Bachubhai Dethariya, Uday Balubhai Dethariya
Bank Contact Details
Authorised Officer, Gujarat Gramin Bank, 75748 08200 / 75748 08021 / 75748 08186 / 75748 08405, npa.rosure@ggb.bank.in

Auction documents

  • Sale noticesale notice

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