81.55 sq m Residential Plot for Auction in Patan – Ujjivan SFB

Property Details

Property type

Residential Plot (Residential)

Possession

Not specified

Area

81.55 sq m (≈ 877 sq ft)

Reserve price / sq ft

₹360

Locality

—

City

Patan

State

Gujarat

Address

Description of the Immovable Property: All that Piece and Parcel of the Property bearing Residential at Chanasma, City Survey No-515/4, Sheet No-3, Admeasuring 41.81.55 sq mtr. Taluka-Chanasma, Dist-Patan. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Ujjivan Small Finance Bank

Branch

Mehsana

Auction type

SARFAESI Auction

Borrower

Girishbhai B***** S*****

Auction start

17 Oct 2026, 02:00 PM

Auction end

17 Oct 2026, 05:00 PM

EMD submission deadline

16 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2414450

Price Check

This listing's reserve price works out to ₹360 per sq ft. The average across residential bank auctions in Patan on our site is ₹920 per sq ft, so this one is 61% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (bankauctions.in (4Closure) · Listing 2414450), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹31,600 before 16 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 17 Oct 2026 starting above the reserve price, in multiples of ₹10,000.
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.