689.27 sq meter Industrial Plot for Sale (Bank Auction) in Ribda, Veraval Rajkot, Rajkot – CBI

Property Details

Property type

Industrial Plot (Industrial)

Possession

Symbolic Possession

Area

689.27 sq meter (≈ 7,419 sq ft)

Reserve price / sq ft

₹2,157

Locality

Ribda, Veraval Rajkot

City

Rajkot

State

Gujarat

Pincode

360311

Address

RIBDA, Veraval Rajkot, Gujarat, 360311 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Central Bank of India

Branch

DHORAJI-573

Auction type

SARFAESI Auction

Borrower

M/s S**** B***** T***** (***** S***** S***** K*****

Auction start

—

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

BAANKNET (Property ID CBIN005731)

Price Check

This listing's reserve price works out to ₹2,157 per sq ft. The average across industrial bank auctions in Rajkot on our site is ₹2,193 per sq ft, so this one is 2% 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 (BAANKNET (Property ID CBIN005731)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on — 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.