1,627.85 sq m Land for Auction in Rajkot – Authum Investment & Infrastructure Ltd

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

1,627.85 sq m (≈ 17,522 sq ft)

Reserve price / sq ft

₹58

Locality

—

City

Rajkot

State

Gujarat

Address

All that piece and parcel of land, being part of the land situated within the limits of Rajkot Municipal Corporation, Revenue Survey No. 411 and 413, comprising subplots Nos. 85/A to 85/AL, measuring a total area of 1627.85 square meters, forming part of the "Triveni Sangam Apartment" building, specifically Flat No. 504 located on the fifth floor of Division B, has the following boundaries: to the North - Flat No. 503 of the same division, to the South - an open compound followed by property owned by others, to the East - an open compound followed by a 2-meter wide road, and to the West a common passage, with the flat's door opening into this passage, which also houses the stair room and lift room." View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Authum Investment & Infrastructure Ltd

Branch

Authum Investment & Infrastructure Ltd. Reg. Office, Mumbai - BO

Auction type

SARFAESI Auction

Borrower

KETAN P***** G*****

Auction start

20 Nov 2026, 11:00 AM

Auction end

20 Nov 2026, 01:00 PM

EMD submission deadline

19 Nov 2026, 05:00 PM

Inspection

13 Nov 2026, 11:00 AM – 13 Nov 2026, 03:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹58 per sq ft. The average across land & agricultural bank auctions in Rajkot on our site is ₹2,548 per sq ft, so this one is 98% 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 (open notice).
2. Inspect the property on 13 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,02,000 before 19 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price, in multiples of ₹15,000.
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.