23.97 sq meter House for Auction in Madhapar Bhuj, Bhuj – SBI

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

23.97 sq meter (≈ 258 sq ft)

Reserve price / sq ft

₹3,185

Locality

Madhapar Bhuj

City

Bhuj

State

Gujarat

Pincode

370020

Address

MADHAPAR BHUJ, Gujarat, 370020 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

RACPC GANDHIDHAM-64136

Auction type

SARFAESI Auction

Borrower

Mr. P***** N***** S***

Auction start

12 Oct 2026, 11:00 AM

Auction end

12 Oct 2026, 03:00 PM

EMD submission deadline

12 Oct 2026, 02:59 PM

Inspection

06 Oct 2026, 11:00 AM – 06 Oct 2026, 01:00 PM

Authorised officer

ASHWINI KUMAR SUMAN

Officer contact

7600044930

E-auction portal

BAANKNET (Property ID SBIN88660345199)

Price Check

This listing's reserve price works out to ₹3,185 per sq ft. The average across residential bank auctions in Bhuj on our site is ₹1,759 per sq ft, so this one is 81% 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 6 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN88660345199)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 12 Oct 2026, 02:59 PM. It is refunded if you don't win.
5. Bid online on 12 Oct 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.