58.76 sq m Residential Plot for Auction in Rajkot – RBL

Property Details

Property type

Residential Plot (Residential)

Possession

Physical Possession

Area

58.76 sq m (≈ 632 sq ft)

Reserve price / sq ft

₹1,780

Locality

—

City

Rajkot

State

Gujarat

Pincode

363641

Address

Property owned by: Nileshbhai Manojbhai Sanchala All piece and parcel of Residential property bearing Plot no. 32, admeasuring 58.755 sq. Mtrs in society known as Swati Park at Survey No. 1383 p, situated at off. Vavdi Road, Near Shivam Society, Vajepar, Morbi-363641. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

RBL Bank

Branch

Ellis Bridge

Auction type

SARFAESI Auction

Borrower

Mr. M***** K***** S*****

Auction start

20 Nov 2026, 12:30 PM

Auction end

20 Nov 2026, 01:30 PM

EMD submission deadline

19 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2449226

Price Check

This listing's reserve price works out to ₹1,780 per sq ft. The average across residential bank auctions in Rajkot on our site is ₹3,672 per sq ft, so this one is 52% below 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2449226), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,12,600 before 19 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price, in multiples of ₹50,000.
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.