92 sq m Commercial Building for Auction in Rajkot – Protium Finance Limited

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

92 sq m (≈ 990 sq ft)

Reserve price / sq ft

₹4,361

Locality

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City

Rajkot

State

Gujarat

Address

Property 2 All That Peace And Parcel Of Property Being Of The Shop NO.7 On Ground Floor Having A Built-Up Area 29-92 SQ MTRS In The Commercial Building Constructed On The NA Land Area 316-22 SQ MTRS I.E. 378-20 SQ Yards Of Plot NO. 24 In "Jay Bhojalram Co Operative Housing Society LTD" (Reg. NO. GH-2219 Dtd. 08/07/1966) Situated. At Rajkot Revenue Survey NO. 177-179/P. TPS NO. 7, FP NO. 72, City Survey Ward NO. 12/2, City Survey NO. 5240 In SUB-DIST. DIST. Rajkot In The State Of Gujarat Boundaries Of The Property Are As Under; Boundaries Details Of Shop NO.7 North Shop NO. 6, South Security Room And Staircase East: Road West: Plot NO. 25 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Protium Finance Limited

Branch

Goregaon E

Auction type

SARFAESI Auction

Borrower

Shree N** C***** V**** B*****

Auction start

19 Nov 2026, 11:00 AM

Auction end

19 Nov 2026, 02:00 PM

EMD submission deadline

18 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2435733

Price Check

This listing's reserve price works out to ₹4,361 per sq ft. The average across commercial bank auctions in Rajkot on our site is ₹8,193 per sq ft, so this one is 47% 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 (4Closure · Listing 2435733), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹4,31,866 before 18 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 19 Nov 2026 starting above the reserve price, in multiples of ₹5,000.
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.