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Commercial Hotel in Ahmedabad, Gujarat

Ahmedabad, Gujarat

This commercial property in Ahmedabad, Gujarat is up for auction by State Bank of India, at a reserve price of ₹10.75 Cr. The stated extent is 24,000 sq ft. An earnest-money deposit of ₹1.07 Cr is due by 19 Oct 2026, 05:00 PM IST. Bidding opens on 21 Oct 2026, 12:00 PM IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.

Reserve price
₹10.75 Cr
Auction starts
21 Oct 2026, 12:00 PM IST

Open the full listingSale notice (PDF)View on the official portal

Auction details

Reserve price₹10.75 Cr
EMD amount₹1.07 Cr
Auction starts21 Oct 2026, 12:00 PM IST
Auction ends21 Oct 2026, 01:00 PM IST
EMD deadline19 Oct 2026, 05:00 PM IST
Inspection05-10-2026 14:00 – 05-10-2026 16:00
BankState Bank of India
BranchSAMB AHMEDABAD-04199
Property typeCommercial
Sub typeHotel
Extent24,000 sq ft
PIN code380013
StatusUpcoming
Bank property IDSBIN077168869445
Type of auctionUnder DRT
PossessionPhysical
LocalityNear Shri Lakhudi Talav Cross Road, Naranpura, Ahmedabad
Borrower address19, 1st floor, Millennium Plaza, Opp. Swaminarayan Temple, Judges Bungalow Road, Vastrapur, Ahmedabad
Authorised officerKamlesh Kumar Bairwa (ASSISTANT GENERAL MANAGER)
Inspection contactSudhakar Chaudhary · 9723926076
Bid increment₹100,000
Auto-extensionExtends 5 min on a bid in the last 5 min
EMD window opens03 Sep 2026, 20:55
Plot no.12, 96

Legal description

Tanishq Hotel Ltd. in the project known as “Vardan Complex” situated at undivided proportionate share of land bearing Sub-Plot No. 12+13+13/a+14+14a of final Plot No. 96 to 99 and 147 of Town Planning Scheme No. 19 of Mouje- Sheikhpur-Khanpur of City, Taluka in the Registration District- Ahmedabad and Sub-District- Ahmedabad-3 (Memnagar), Near Shri Lakhudi Talav Cross Road, Naranpura, Ahmedabad

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This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.