Plot for Auction Satellite Chowk Rajkot 26 Lakh by Idbi Bank 12 Jun 2026
Satellite Chowk, Rajkot
Flat No. A-501, 5th Floor, Wing-A, Gulmohar Tower, Opp. BombaySilver-1, Off. Morbi Road, Nr. D. K. School, Area: Satellite Chowk, Nr. Satelite School, Rajkot City, Rajkot-363003, Gujarat
IDBI Bank · Mumbai
Reserve price
₹26,00,000
EMD ₹2,60,000
Auction date
12 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Locality: Satellite Chowk
- ▸Reserve: ₹26,00,000
- ▸EMD: ₹2,60,000
Auction snapshot
| Possession | Physical |
| Property type | Plot · Residential |
| Locality | Satellite Chowk |
| Lender | IDBI Bank |
| Branch | Mumbai |
| Unit / flat no. | A-501 |
| Building / society | Gulmohar Tower |
| Floor | 5th Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Satellite Chowk, Rajkot by IDBI Bank — reserve price ₹26,00,000, Physical possession.
Explore this incredible opportunity to acquire a bank auction property in Rajkot! A plot (Flat No. A-501) situated in Gulmohar Tower near Satellite Chowk, this property offers a prime residential location. Offered by IDBI Bank under SARFAESI Act, the e-auction is scheduled for 2026-06-12 with a reserve price of ₹2600000.0 and an EMD of ₹260000.0. Don't miss out on this chance to invest in a valuable asset in Rajkot City. Contact the authorized officers for detailed procedure and bid documents.
GeoSquare note: This plot located in a developing locality of Rajkot City presents a good investment opportunity due to its location and affordable price range. The auction details are clearly defined, allowing for informed bidding. It's a strong buy option with a physical posession for investors or end-users looking for residential property.
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