Bharuch - Auction Details

All 40 commercial shops, having a combined built-up area of 534.60 square metres plus an undivided share in 120 square metres of land, situated on the Second Floor of High Cross Shopping Mall at Mouje village Palej, District Bharuch, Survey No. 2369/B and Block Nos. 268, 269 and 270. The property is owned by M/s. Gotiz Healthcare Limited through Mr. Rajendra M. Goti. The Authorised Officer has taken physical possession. It is sold as is where is, as is what is and whatever there is. Encumbrances: NIL. Details of any stay, status quo or pending litigation known to the secured creditor: NIL. Reserve price: Rs. 8,125,000. EMD: Rs. 812,500. Bid increment: Rs. 82,000; the first bid must be the reserve price plus one increment. The successful bidder must deposit 25% of the sale price, inclusive of EMD, on the sale day or by the next working day, and the balance 75% by the 15th day from confirmation of sale, subject to a mutually agreed extension not exceeding three months. Legal, stamp duty, registration and incidental charges are payable by the successful bidder. TDS at 1% applies to the sale proceeds or stamp duty value, whichever is higher, where either amount is Rs. 5,000,000 or above.