Residential Plot SARFAESI Auction

55.53 sq m Residential Plot for Auction in Jamnagar – IARC

Jamnagar, Gujarat · Auction ID #110583

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Reserve Price ₹21,40,000
EMD (Earnest Money)₹2,14,000
Bid Increment₹20,000
Auction Date 18 Nov 2026, 11:00 AM In 6 days
EMD Last Date 17 Nov 2026, 05:00 PM In 5 days
Area55.53 sq m
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Property Details

Property type
Residential Plot (Residential)
Possession
Not specified
Area
55.53 sq m (≈ 597 sq ft)
Reserve price / sq ft
₹3,580
Locality
—
State
Gujarat

Description (as per sale notice)

All the right, title and interest of Property Constructed residential property of Plot No. 2/3 admeasuring plot area 55.53 Sq.Mtrs. of Land bearing R.S. No. 22 which was converted into non-agricultural residential plots by the order of collector Jamnagar and bearing City Survey no. 2318/Paiki in sheet no. 464 of ward no. 13 located at Modi Vada B/h. Fuliya Hanuman Temple, Jamnagar. That the said property is bounded as under: East: 6.10 Mtrs wide road is situated, West: Land bearing R.S. No. 21 is situated. North: Sub Plot No. 2/4 is situated, South: Sub Plot No. 2/2 is situated.
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Bank & Auction Details

Branch
ISARC 2025-2026-3 Trust
Auction type
SARFAESI Auction
Borrower
Sanjay D***** L*****
Auction start
18 Nov 2026, 11:00 AM
Auction end
18 Nov 2026, 01:00 PM
EMD submission deadline
17 Nov 2026, 05:00 PM
Inspection
12 Nov 2026, 11:00 AM – 12 Nov 2026, 05:00 PM
Authorised officer
—
Officer contact
—
E-auction portal
C1 India
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Price Check

This listing's reserve price works out to ₹3,580 per sq ft. The average across residential bank auctions in Jamnagar on our site is ₹3,732 per sq ft, so this one is 4% 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 12 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹2,14,000 before 17 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 18 Nov 2026 starting above the reserve price, in multiples of ₹20,000.
  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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with International Asset Reconstruction Company. Always verify every detail with the official notice and the authorised officer before paying any money.

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