197.21 sq meter House for Auction in Ghanteshwar, Rajkot – CBI

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

197.21 sq meter (≈ 2,122 sq ft)

Reserve price / sq ft

₹5,026

Locality

Ghanteshwar

City

Rajkot

State

Gujarat

Pincode

360005

Address

Ghanteshwar, Rajkot, Gujarat, 360005 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Central Bank of India

Branch

VERAVAL-4091

Auction type

SARFAESI Auction

Borrower

M/s J** I*****

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

GANESH GRIHE

Officer contact

9687690726

E-auction portal

BAANKNET (Property ID CBIN40919)

Price Check

This listing's reserve price works out to ₹5,026 per sq ft. The average across residential bank auctions in Rajkot on our site is ₹4,070 per sq ft, so this one is 23% 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 10 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CBIN40919)), 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.