1,508 sq feet Commercial Building for Auction in Ratlai, Jhalrapatan, Jhalawar – SBI

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

1,508 sq feet (≈ 1,508 sq ft)

Reserve price / sq ft

₹2,984

Locality

Ratlai, Jhalrapatan

City

Jhalawar

State

Rajasthan

Pincode

326023

Address

Ratlai, Jhalrapatan, Rajasthan, 326023 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB JAIPUR-18184

Auction type

SARFAESI Auction

Borrower

M/s A*** K**** a** o*****

Auction start

26 Nov 2026, 11:00 AM

Auction end

26 Nov 2026, 05:00 PM

EMD submission deadline

25 Nov 2026, 08:00 PM

Inspection

12 Nov 2026, 11:00 AM – 12 Nov 2026, 04:00 PM

Authorised officer

C P Tekwani

Officer contact

8200652881

E-auction portal

BAANKNET (Property ID SBIN200058450299)

Price Check

This listing's reserve price works out to ₹2,984 per sq ft. The average across commercial bank auctions in Jhalawar on our site is ₹2,205 per sq ft, so this one is 35% 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 12 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN200058450299)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 25 Nov 2026, 08:00 PM. It is refunded if you don't win.
5. Bid online on 26 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.