49.26 sq m Land for Auction in Rajkot – Authum Investment & Infrastructure Ltd

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

49.26 sq m (≈ 530 sq ft)

Reserve price / sq ft

₹6,021

Locality

—

City

Rajkot

State

Gujarat

Address

All that piece and parcel of Immovable property admeasuring 49.255 sq. meters, being a part of Sub-Plot No. 13 to 39/16 situated at Sitaram Park, Rajkot, forming part of Revenue Survey No. 581 and 58/1(P)2, City Survey Ward No. 13/2, City Survey No. 3566/B, T.P.S. No. 17, F.P. No. 26, and owned by Mr. Mukeshbhai Vasantlal Sanchla, and bounded as under: On the North by Sub-Plot No. 13/39/9, on the South by 7.50 Meter Road, on the East by Sub-Plot No. 13/39/15, and on the West by Sub-Plot No. 13/39/17." 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

MUKESHBHAI V***** S*****

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 ₹6,021 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 136% 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 (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 ₹3,20,000 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.