60 sq meter House for Auction in Lodhika, Lodhika Gidc, Rajkot – SBI

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

60 sq meter (≈ 645 sq ft)

Reserve price / sq ft

₹1,239

Locality

Lodhika, Lodhika Gidc

City

Rajkot

State

Gujarat

Pincode

360021

Address

LODHIKA, Lodhika GIDC, Gujarat, 360021 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SBI SARB Rajkot - 18735

Auction type

SARFAESI Auction

Borrower

SAVALIYA V***** J*****

Auction start

27 Nov 2026, 11:00 AM

Auction end

27 Nov 2026, 04:00 PM

EMD submission deadline

27 Nov 2026, 03:50 PM

Inspection

17 Nov 2026, 11:30 AM – 17 Nov 2026, 12:30 PM

Authorised officer

ARVIND KUMAR OJHA

Officer contact

9006381236

E-auction portal

BAANKNET (Property ID SBIN200035260140)

Price Check

This listing's reserve price works out to ₹1,239 per sq ft. The average across residential bank auctions in Rajkot on our site is ₹3,655 per sq ft, so this one is 66% 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 17 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN200035260140)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 27 Nov 2026, 03:50 PM. It is refunded if you don't win.
5. Bid online on 27 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.