1,075 sq yd Residential Plot for Auction in Rajkot – KVB

Property Details

Property type

Residential Plot (Residential)

Possession

Not specified

Area

1,075 sq yd (≈ 9,675 sq ft)

Reserve price / sq ft

₹2,171

Locality

—

City

Rajkot

State

Gujarat

Address

EM Charge on Industrial Land and Building Situated at Revenue Survey No. 189/4, Paiki:1, Plot No.14, Sub Plot No.14/1 14/2, Anandapar (Navgam), District Rajkot admeasuring 1075.84 Sq. Yards. Standing in the name of Mr. Arvindkumar Ramniklal Chandrana View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Karur Vysya Bank

Branch

Kalbadevi Branch

Auction type

SARFAESI Auction

Borrower

M/s S**** B***** E*****

Auction start

22 Oct 2026, 11:00 AM

Auction end

22 Oct 2026, 01:00 PM

EMD submission deadline

21 Oct 2026, 03:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2416708

Price Check

This listing's reserve price works out to ₹2,171 per sq ft. The average across residential bank auctions in Rajkot on our site is ₹4,042 per sq ft, so this one is 46% 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 2416708), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹21,00,000 before 21 Oct 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 22 Oct 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.