351.2 sq feet Flat for Auction in Lodhika, Veraval Rajkot, Rajkot – SBI

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

351.2 sq feet (≈ 351 sq ft)

Reserve price / sq ft

₹2,641

Locality

Lodhika, Veraval Rajkot

City

Rajkot

State

Gujarat

Pincode

360024

Address

Lodhika, Veraval Rajkot, Gujarat, 360024 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

RACPC RAJKOT-60923

Auction type

SARFAESI Auction

Borrower

Smt H***** D***** J***

Auction start

23 Nov 2026, 11:00 AM

Auction end

23 Nov 2026, 04:00 PM

EMD submission deadline

23 Nov 2026, 04:00 PM

Inspection

16 Nov 2026, 01:00 PM – 16 Nov 2026, 01:30 PM

Authorised officer

Saurabh Agarwal

Officer contact

7600036952

E-auction portal

BAANKNET (Property ID SBIN200069229320)

Price Check

This listing's reserve price works out to ₹2,641 per sq ft. The average across residential bank auctions in Rajkot on our site is ₹3,655 per sq ft, so this one is 28% 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 16 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN200069229320)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 23 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 23 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.