Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:609228
Bank Name:The Co-operative Bank of Rajkot Ltd
Branch Name:rajkot
Reserve Price:₹1,29,20,000
EMD:₹12,92,000
Bid Increment:₹50,000
Auction Time:03:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-01
Bid Start Date:2025-12-02
Property Description
A prime residential plot located in the developing area of Gondal, Rajkot, Gujarat. This property offers a great opportunity for investment or development in a rapidly growing region. Situated in a well-connected locality, it provides access to essential amenities and infrastructure. Ideal for building your dream home or for commercial ventures.
State:Gujarat
City:Rajkot
Area:Gondal
Asset Category:Residential
Full Address:10, 11, 12, Gondal, Bhojapara behind Vokda Revenue Survey S. No. 364 N. A. Plot No. 10, Plot No. 11, Plot No. 12, Gondal, Rajkot
Size:457-56, 467-49, 472-878 sq. mt
Auction Description
This is a SARFAESI auction conducted by The Co-operative Bank of Rajkot Ltd for a residential plot in Gondal, Rajkot. The reserve price is ₹1,29,20,000, with an Earnest Money Deposit (EMD) of ₹12,92,000. The auction will take place online on December 2, 2025, from 3:00 PM to 4:00 PM. This is a chance to acquire a valuable asset from the bank. Please review all auction terms and conditions before participating.
Borrower Name:M/s But Oil Mil
Auction Type:SARFAESI Auction
Guarantor Names:Nikhil Ramniklal Bhut, Lalabhai Raichandbhai Baraiya, Rajeshbhai Somaji Baraiya, Ramnikbhai Viththalbhai Bhut, Kantaben Chandubhai Bhut, Jyotshnaben Vithtalbhai Bhut, Hinaben Ramnikbhai Bhut
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The plot's location in Gondal, Rajkot, combined with the competitive reserve price, makes it a strong investment. The property has good dimensions, with three plots and physical possession offered by the bank. Due diligence is necessary, but the potential for value appreciation is high.
Contact Details
Branch:Branch Office : rajkot
Service Provider:Public Auction
Contact Details:
Authorized Officer
Contact no:8128686953
