Industrial Plot SARFAESI Auction Symbolic Possession

384.8 sq meter Industrial Plot for Auction in Paddhari, Rajkot – Canara

Paddhari, Rajkot, Gujarat · Auction ID #955

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Reserve Price ₹26,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 27 Oct 2026, 01:00 PM In 30 days
EMD Last Date 26 Oct 2026, 05:00 PM In 29 days
Area384.8 sq meter

Property Details

Property type
Industrial Plot (Industrial)
Possession
Symbolic Possession
Area
384.8 sq meter (≈ 4,141 sq ft)
Reserve price / sq ft
₹628
Locality
Paddhari
City
Rajkot
State
Gujarat
Pincode
360110
Address
Paddhari, Gujarat, 360110 View on map

Description (as per sale notice)

INDUSTRIAL PLOT

BAANKNET Property ID: CNRB319519988002

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
AHMEDABAD SPECIALISED ARM BRANCH
Auction type
SARFAESI Auction
Borrower
JAY K***** I***** (***** F****
Auction start
27 Oct 2026, 01:00 PM
Auction end
27 Oct 2026, 03:00 PM
EMD submission deadline
26 Oct 2026, 05:00 PM
Inspection
22 Oct 2026, 10:00 AM – 22 Oct 2026, 05:00 PM
Authorised officer
CHANDRA PRAKASH CHHIPA
Officer contact
8238091942

Price Check

This listing's reserve price works out to ₹628 per sq ft. The average across industrial bank auctions in Rajkot on our site is ₹3,923 per sq ft, so this one is 84% 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 22 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB319519988002)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 26 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 27 Oct 2026 starting above the reserve price.
  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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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