Vani Shop Auction: Shops (606 sq ft) – Reserve ₹39.98 Lakh (26 Nov 2026)
Verified Listing Upcoming
Property ID: BKN-367815
Property Description
The Vani shop auction listed by Canara Bank on the BAANKNET e-auction portal is one of the upcoming shop opportunities in Gujarat. On offer is a shops in Vani, Ahmedabad (PIN 382150), with 606 sq ft carpet area. The online auction runs on 26 November 2026 (1:00 PM to 3:00 PM) with a reserve price of ₹39,98,000.
The property is being sold under SARFAESI on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.
Table of Contents
Table of Contents
Vani Shop Auction: Key Highlights
- Reserve price: ₹39,98,000 (₹39.98 Lakh)
- EMD: ₹3,99,800
- Bid increment: ₹25,000
- Auction: 26 November 2026, 1:00 PM to 3:00 PM
- Last date for EMD: 25 November 2026, 5:00 PM
- Location: Vani, Ahmedabad, Gujarat
- Possession: Physical
Vani Shop Auction – Complete Details
| Auction ID | 367815 |
| Bank property ID | CNRB111837477001 |
| Bank | Canara Bank |
| Branch | Ahmedabad Specialised Arm Branch |
| Property type | Commercial – Shops |
| Carpet area | 606 sq ft |
| City / District | Vani, Ahmedabad |
| State | Gujarat |
| PIN code | 382150 |
| Type of possession | Physical |
| Type of action | Under SARFAESI |
| Reserve price | ₹39,98,000 |
| EMD | ₹3,99,800 |
| Bid increment | ₹25,000 |
| Auto-extension | 5 minutes per late bid |
About the Location – Vani
This listing falls in Vani, Ahmedabad, Gujarat, postal code 382150. Gujarat combines a strong manufacturing base with fast-growing cities such as Ahmedabad, Surat, Vadodara and Rajkot, which keeps demand steady for homes, shops and industrial plots. The handling branch is Ahmedabad Specialised Arm Branch, which is usually the best contact for site visits and local queries.
Is the Vani Shop Auction Worth It?
At the reserve price, the property works out to about ₹6,597 per sq ft of carpet area – compare this with recent resale rates in Vani before you bid. The EMD of ₹3,99,800 is 10% of the reserve price and is refunded to unsuccessful bidders. Bank e-auctions often close near the reserve price when there are few bidders, which is where well-prepared buyers find value. The bank holds physical possession, which usually makes handover after the sale smoother.
Important Dates for the Vani Shop Auction
- Inspection window: 20 November 2026, 10:00 AM to 20 November 2026, 5:00 PM
- EMD submission opens: 1 October 2026
- Last date for EMD: 25 November 2026, 5:00 PM
- E-auction: 26 November 2026, 1:00 PM to 3:00 PM
- Auto-extension: 5 minutes for every bid in the last minutes
How to Bid on BAANKNET
- Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
- Search for Auction ID 367815 and download the sale notice and terms.
- Inspect the property during the inspection window by calling the branch contact on 8238091942.
- Pay the EMD of ₹3,99,800 through the BAANKNET wallet before 25 November 2026, 5:00 PM.
- Log in on 26 November 2026 and bid above the reserve in steps of ₹25,000; each late bid extends the auction by 5 minutes.
The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.
Due Diligence Checklist Before Bidding
- Obtain the encumbrance certificate and verify the title.
- Check pending property tax, electricity and water dues.
- Confirm the possession status and whether the property is occupied.
- Verify the approved plan and the condition of the building.
- Read our commercial property auction guide before you bid.
Vani Shop Auction: FAQs
What is the reserve price in the Vani shop auction?
The reserve price is ₹39,98,000. Bids below the reserve price are not accepted.
When is the Vani shop auction scheduled?
The e-auction is on 26 November 2026 from 1:00 PM to 3:00 PM. The last date for EMD is 25 November 2026, 5:00 PM.
How much EMD is required?
The earnest money deposit is ₹3,99,800. It is refunded to unsuccessful bidders.
Where is the property located?
It is in Vani, Ahmedabad, Gujarat – 382150.
Where can I see the official sale notice?
Search Auction ID 367815 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More Canara Bank and Gujarat Auctions
- All Canara Bank auction listings
- More shop auctions
- Bank auctions in Gujarat
- Guide: buying bank auction shops and showrooms
Source: Auction ID 367815 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Canara Bank before bidding.
“The asset is being sold on “As is where is”, “As is what is” and “Whatever there is” basis through e-auction by Canara Bank. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Shops & Showrooms |
|---|---|
| Land Area | 606 sq ft |
| Location | Vani, Ahmedabad, Ahmedabad, Gujarat |
| Possession | Physical |
| Encumbrances | Please refer to the sale notice |
Location Map
Auction Timeline
- 1 Oct 2026Auction Notice Published
- 20 Nov 2026Inspection Starts
- 20 Nov 2026Inspection Ends
- 25 Nov 2026Last Date for EMD Submission
- 26 Nov 2026, 1:00 PM to 3:00 PMe-Auction (Online Bidding)
- Post AuctionHighest Bidder Intimation
- Within Specified TimePayment & Documentation
Important Information
- The asset will be sold to the highest bidder subject to confirmation by the bank.
- Bidders must remit the EMD before the last date mentioned in the sale notice.
- The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance within 15 days, unless the bank specifies otherwise.
- For detailed terms and conditions, please refer to the official bank sale notice.
- This is a bank e-auction and not a private sale.
- eBankAuctions is a directory platform and does not conduct the auction. Please contact the respective bank for all auction-related queries.