41.85 sq meter House for Auction in Veraval Rajkot, Rajkot – Gujarat Gramin

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

41.85 sq meter (≈ 450 sq ft)

Reserve price / sq ft

₹700

Locality

Veraval Rajkot

City

Rajkot

State

Gujarat

Pincode

360311

Address

Veraval Rajkot, Gujarat, 360311 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Gujarat Gramin Bank

Branch

Branch Office Rajkot

Auction type

SARFAESI Auction

Borrower

Borrower- R***** R***** P*****

Auction start

16 Nov 2026, 11:00 AM

Auction end

16 Nov 2026, 01:00 PM

EMD submission deadline

13 Nov 2026, 05:00 PM

Inspection

12 Nov 2026, 11:00 AM – 12 Nov 2026, 05:00 PM

Authorised officer

VARSHA SHAILESHBHAI MAKWANA

Officer contact

7574808194

E-auction portal

BAANKNET (Property ID GJGB78006351646)

Price Check

This listing's reserve price works out to ₹700 per sq ft. The average across residential bank auctions in Rajkot on our site is ₹3,655 per sq ft, so this one is 81% 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 (BAANKNET (Property ID GJGB78006351646)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 13 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 16 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.