CommercialUpcoming auctionVerified listing
Commercial in infocity gandhinagar
infocity gandhinagar, Gandhinagar
Reserve price
₹13.00 Cr
Auction date
30 Mar 2026
11:30 AM
EMD deadline
15 Dec 2025
5:00 PM
Bid increment
₹13,00,000.00
Location details
Property Address
Sub leased property at Tower no.1, 4th floor, office no. 401 to 417 Info City Tower, “CH-O Circle”, Gandhinagar, Ahmedabad measuring 38000 sq. ft.
Locality: infocity gandhinagar
City: Gandhinagar
District: Gandhinagar
State: Gujarat
Pin Code: 382010
Country: India
Carpet Area: 2353 sq m
Auction timeline
Auction starts
30 Mar 2026 at 11:30 AM
Auction ends
30 Mar 2026 at 12:30 PM
EMD submission deadline
15 Dec 2025 at 5:00 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Commercial
Sub Type
Office
Area
2353 sq m
(Carpet)Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Others
Title Deed Type
Others (GDR/8545/2007)
Property Price
₹13.00 Cr
Property Identifiers
Bank Property ID
PSIB012345
Property Images
Price history
3 previous auctions₹13,00,00,000.00
17 Feb 2026
Commercial
Punjab & Sind BankPossession: Physical₹13,00,00,000.00
16 Dec 2025
Commercial
Punjab & Sind BankPossession: Physical₹13,00,00,000.00
25 Sep 2025
Commercial
Punjab & Sind BankPossession: PhysicalBorrower & Loan details
Borrower Name
FRONTLINE CORPORATION LTD
Registered Address of Borrower
4, B.B.D. BAG (EAST), STEPHEN HOUSE, ROOM NO - 5, 1ST FLOOR, KOLKATA, West Bengal, India, 700001
NPA Amount
₹23.92 Cr
NPA Date
31 Mar 2012
Ownership Type
Others
Title Deed
Others
Asset Type
Immovable
Customer ID
601416940
Demand Notice
Notice Date
13 Jun 2012
Notice Amount
₹44.90 Cr
Asset Classification
Classification Date
31 Mar 2016
Classification ID
5
Possession Dates
Physical
18 Jul 2014
Additional details
Description
Sub leased property at Tower no.1, 4th floor, office no. 401 to 417 Info City Tower, “CH-O Circle”, Gandhinagar, Ahmedabad measuring 38000 sq. ft.
EMD Schedule
EMD Start
25 Feb 2026
5:03 PM
EMD Deadline
27 Mar 2026
5:00 PM
Payment Deadline
15 Dec 2025
Inspection Schedule
Inspection Start
25 Mar 2026
11:00 AM
Inspection End
25 Mar 2026
1:00 PM
Officer Details
Authorized Officer
Sonal Srivastava
Chief Manager checker
Dealing Officer
Rajesh Bharti
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹13,00,000.00
Extension Increment
₹13,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes
Ownership & Legal
Ownership Type
Others
Title Deed Type
Others (GDR/8545/2007)
Asset Type
Immovable
Property ID
PSIB012345
Property Images
Punjab & Sind Bank
Verified seller
Branch: SAMVERT - STRESSED ASSET MANAGEMENT VERTICAL-D0744
IFSC: PSIB
Bank contact
+91 99999 99999+91 81787 09699
Branch Address
1st Floor,Block 3,NBCC Complex, East Kidwai Nagar, New DelhiBranch IFSC
PSIB0000744Department
SAMVERT - STRESSED ASSET MANAGEMENT VERTICAL-D0744