Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610839
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹65,95,000
EMD:₹6,59,500
Bid Increment:₹25,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Property Description
This is a residential flat located in Raiya, Rajkot, Gujarat. The property is being auctioned by the State Bank of India under SARFAESI regulations. It presents an opportunity for prospective buyers to acquire a property in a well-established area.
State:Gujarat
City:Rajkot
Area:Raiya
Asset Category:Residential
Full Address:402, Rudra Prayag Apartment, Paradise Hall Road, Raiya Rajkot, Raiya, Rajkot
Building/Society:Rudra Prayag Apartment
Size:110.49 Sq. Mtrs
Auction Description
State Bank of India is conducting a SARFAESI auction for a residential flat in Raiya, Rajkot. The auction will commence on November 14, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price for this auction is ₹65,95,000, with an Earnest Money Deposit (EMD) of ₹6,59,500 required to participate.
Borrower Name:Mansukhbhai Raghavjibhai Sorathiya
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This 3BHK flat in Raiya, Rajkot, presents a calculated opportunity due to its location and reasonable reserve price. While not a prime investment, its residential nature and the bank auction terms make it a worthwhile consideration. Potential investors should conduct thorough due diligence.
Contact Details
Branch:Branch Office : Stressed Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Arvind Kumar Ojha
Contact no:9006381236
