Commercial Building SARFAESI Auction

27 sq m Commercial Building for Auction in Rajkot – Kotak

Rajkot, Gujarat · Auction ID #112841

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Reserve Price ₹2,50,000
EMD (Earnest Money)₹25,000
Bid Increment₹10,000
Auction Date 18 Nov 2026 In 4 days
EMD Last Date 17 Nov 2026, 06:00 PM In 3 days
Area27 sq m
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Property Details

Property type
Commercial Building (Commercial)
Possession
Not specified
Area
27 sq m (≈ 290 sq ft)
Reserve price / sq ft
₹860
Locality
—
City
Rajkot
State
Gujarat
Address
All that piece and parcel of property bearing Flat No.6, on 3rd floor of the building known as Amrut Apartment, having built up area admeasuring 27.00 sq mtrs., situated at City Survey Ward No.15/1, Sub-Plot No.5/B Paiki, at District Rajkot.Property bounded as:East: Balcony West: Compound & Stair case North: Flat No.5 South: Compound Within the Registration District of Rajkot and Sub-Registration Office Rajkot.Name of the mortgagor: Mr. Hiteshkumar Natwarlal Vanzara View on map

Description (as per sale notice)

All that piece and parcel of property bearing Flat No.6, on 3rd floor of the building known as Amrut Apartment, having built up area admeasuring 27.00 sq mtrs., situated at City Survey Ward No.15/1, Sub-Plot No.5/B Paiki, at District Rajkot.Property bounded as:East: Balcony West: Compound & Stair case North: Flat No.5 South: Compound Within the Registration District of Rajkot and Sub-Registration Office Rajkot.Name of the mortgagor: Mr. Hiteshkumar Natwarlal Vanzara
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Bank & Auction Details

Bank / Lender
Kotak Mahindra Bank
Branch
Registered Office
Auction type
SARFAESI Auction
Borrower
Mr H***** N***** V*****
Auction start
18 Nov 2026
Auction end
18 Nov 2026, 01:00 PM
EMD submission deadline
17 Nov 2026, 06:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
AuctionTiger · Auction ID 471217
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Price Check

This listing's reserve price works out to ₹860 per sq ft. The average across commercial bank auctions in Rajkot on our site is ₹8,193 per sq ft, so this one is 90% 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 (AuctionTiger · Auction ID 471217), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹25,000 before 17 Nov 2026, 06:00 PM. It is refunded if you don't win.
  5. Bid online on 18 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
  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 Kotak Mahindra Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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