Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612403
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹1,14,63,000
EMD:₹11,46,300
Bid Increment:₹1,00,000
Auction Time:12:00 NOON to 5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-11-28
Property Description
A prime Land and Building property located in Upleta, Rajkot, Gujarat. This residential asset is being auctioned by Union Bank of India under SARFAESI Act. Situated in a developing area, it offers a significant investment opportunity. The property is owned by Mr. Irfan Haji Jabbar Chini.
State:Gujarat
City:Rajkot
Area:Upleta
Asset Category:Residential
Full Address:36, 37, Plot No. 36 Paikee and 37 Paikee, Upletanagar, Near Fulara Gardhwen, Bhadar Chowk, Upletanagar, Upleta, Rajkot
Auction Description
Union Bank of India presents a SARFAESI auction for a Land and Building property in Upleta, Rajkot, Gujarat. The auction is scheduled for November 28, 2025, starting at 12:00 PM and concluding at 5:00 PM. The reserve price is ₹1,14,63,000, with an EMD of ₹11,46,300. This is a great chance to acquire a valuable asset in Gujarat.
Borrower Name:Mr Irfan Haji Jabbar Chini
Auction Type:SARFAESI Auction
Guarantor Names:Lubna Irfan Chini, Tausif Yasin Chini, Jabbar Ishaque Chini, Yasin Ishaq Haji Dada, Hasina Makbool Chini, Sunehra Haji Intekhab Chini, Rabia Faizal Chini
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential land and building in Upleta, Rajkot. The location is reasonably good. Given the reserve price and auction terms, it represents a calculated opportunity for investors.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Mr. Rohit Gulkari
Contact no:9423456034
