280 sq ft Land for Auction in Rajkot – Authum Investment & Infrastructure Ltd

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

280 sq ft

Reserve price / sq ft

₹4,625

Locality

—

City

Rajkot

State

Gujarat

Address

All that piece and parcel of land situated in Rajkot city, under City Survey Ward No. 7) Gondal Road, with City Survey Nos. 3417 to 3428, on which the building known as Jimmy Tower" stands. The property includes an office No. 407 located on the fourth floor of the multi-storey building with a carpet area of 280 sq. ft. (26.02 sq meters), which is being sold to you through this sale deed. The boundaries of this office are as follows: to the north, it is bounded by another office; to the south, it is bounded by another office; to the east, it is bounded by a parking area; and to the west, it is bounded by a passage. 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

NICKY K***** P****

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 ₹4,625 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 82% 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 ₹1,29,500 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.