Factory SARFAESI Auction Physical Possession

98.24 sq meter Factory for Auction in Rajkot – CBI

Rajkot, Gujarat · Auction ID #80042

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Reserve Price ₹21,12,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 16 Oct 2026, 12:00 PM In 15 days
EMD Last Date 16 Oct 2026, 04:00 PM In 15 days
Area98.24 sq meter

Property Details

Property type
Factory (Industrial)
Possession
Physical Possession
Area
98.24 sq meter (≈ 1,057 sq ft)
Reserve price / sq ft
₹1,997
Locality
—
City
Rajkot
State
Gujarat
Pincode
360004
Address
Rajkot, Gujarat, 360004 View on map

Description (as per sale notice)

All that piece and parcel of immovable property comprising of Industrial property of Mavdi Revenue Survey No 99 paiki and 100 paiki NA Land known as ‘ Gokulnagar’ paike Plot No. 56 paiki South-East Corner Plot paiki east side Corner Land about 98.24 SQ. Mt. i.e. 117-5-0 Sq. Yard paiki North Side land 49.12 Sq. mt. Near Gokuldham Society, Street No 5, Gokul Nagar, Mavdi, within the limits of Rajkot State of Gujarat Bounded by : East : This is Shutter and then after Public Road West : This Plots Paiki Shed that Side Wall is Joint. North : Others Property South : Shed of this Plot Paiki that Side wall is joint

BAANKNET Property ID: CBIN1100

Bank & Auction Details

Branch
GHANTESHVAR-4844
Auction type
SARFAESI Auction
Borrower
M/S V***** B**** I***** P***** J**** J***** S***** (***** D***** J***** S*****
Auction start
16 Oct 2026, 12:00 PM
Auction end
16 Oct 2026, 05:00 PM
EMD submission deadline
16 Oct 2026, 04:00 PM
Inspection
10 Oct 2026, 12:00 PM – 10 Oct 2026, 05:00 PM
Authorised officer
NEHA MANGAL
Officer contact
9687690040

Price Check

This listing's reserve price works out to ₹1,997 per sq ft. The average across industrial bank auctions in Rajkot on our site is ₹3,578 per sq ft, so this one is 44% 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 10 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CBIN1100)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 16 Oct 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 16 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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Central Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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