13 sq meter Commercial Building for Auction in Urban, Rajkot – SBI

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

13 sq meter (≈ 139 sq ft)

Reserve price / sq ft

₹9,398

Locality

Urban

City

Rajkot

State

Gujarat

Pincode

360002

Address

Urban, Rajkot, Gujarat, 360002 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SBI SARB Rajkot - 18735

Auction type

SARFAESI Auction

Borrower

Jill J***** V*****

Auction start

24 Nov 2026, 11:00 AM

Auction end

24 Nov 2026, 04:00 PM

EMD submission deadline

24 Nov 2026, 03:50 PM

Inspection

30 Oct 2026, 01:00 PM – 30 Oct 2026, 02:00 PM

Authorised officer

Arvind Kumar Ojha

Officer contact

9006381236

E-auction portal

BAANKNET (Property ID SBIN200064902415)

Price Check

This listing's reserve price works out to ₹9,398 per sq ft. The average across commercial bank auctions in Rajkot on our site is ₹8,193 per sq ft, so this one is 15% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 30 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN200064902415)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 24 Nov 2026, 03:50 PM. It is refunded if you don't win.
5. Bid online on 24 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.