CommercialUpcoming auctionVerified listing
Commercial in Halvad
Halvad
Reserve price
₹53.33 L
Auction date
25 Mar 2026
12:00 PM
EMD deadline
31 Oct 2025
11:00 AM
Bid increment
₹60,000.00
Location details
Property Address
"Chamunda Hotel", Plot No 1, Opp Sahyog Hotel, Off Halvad Maliya Highway, Vill : Juna Devaliya, Tal & Dist : Morbi 363351
City: Halvad
District: Morbi
State: Gujarat
Pin Code: 363330
Country: India
Auction timeline
Auction starts
25 Mar 2026 at 12:00 PM
Auction ends
25 Mar 2026 at 2:00 PM
EMD submission deadline
31 Oct 2025 at 11:00 AM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Commercial
Sub Type
Hotel
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹60.93 L
Property Identifiers
Bank Property ID
PSIB15470017
Collateral ID
PSIB15470017
Property Images
Price history
4 previous auctions₹59,25,000.00
11 Feb 2026
Commercial
Punjab & Sind BankPossession: Physical₹59,25,000.00
24 Dec 2025
Commercial
Punjab & Sind BankPossession: Physical₹60,93,000.00
31 Oct 2025
Commercial
Punjab & Sind BankPossession: PhysicalBorrower & Loan details
Borrower Name
Somnath agro industries
Registered Address of Borrower
halvad gujarat
Owner
Shri Hiteshkumar Kehsavlal Mendha
NPA Amount
₹20.38 Cr
NPA Date
15 Sept 2023
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
PSIB15470017
Customer ID
012022749
Demand Notice
Notice Date
21 Sept 2023
Notice Amount
₹20.38 Cr
Asset Classification
Classification Date
15 Sept 2024
Classification ID
3
EMD Schedule
EMD Start
23 Feb 2026
5:07 PM
EMD Deadline
25 Mar 2026
11:00 AM
Payment Deadline
31 Oct 2025
Inspection Schedule
Inspection Start
16 Mar 2026
10:00 AM
Inspection End
19 Mar 2026
5:00 PM
Officer Details
Authorized Officer
RAJESH KUMAR BHARTI
Authorised Officer - Scale - IV - CM
Dealing Officer
vijay sen
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹60,000.00
Extension Increment
₹60,000.00
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
PSIB15470017
Property ID
PSIB15470017
Property Images
Punjab & Sind Bank
Verified seller
Branch: MORBI-M1547
IFSC: PSIB
Bank contact
+91 81096 21213+91 87707 65277
Branch Address
PUNJAB & SIND BANK ,ISHAN CERAMIC ZONE,SHOP NO.9 & 10 LALPAR, MORBI -363642Branch IFSC
PSIB0021547Department
MORBI-M1547