Shop for auction Palace Road Rajkot 40 lakh Central Bank of India

This is a prime commercial shop located on Hajur Palace Road in Rajkot, Gujarat. Situated in a well-known commercial hub, this property offers excellent visibility and accessibility. It is an ideal investment opportunity for businesses looking to establish a presence in a developing area. The property is being auctioned by the Central Bank of India as part of a SARFAESI auction. The shop is a standalone commercial unit, suitable for various retail or service-based businesses. Rajkot is a rapidly growing city, making this a strategic location for future business growth.

Central Bank of India is conducting a SARFAESI auction for a commercial shop located on Hajur Palace Road, Rajkot, Gujarat. The auction is for the property of M/s Balaji Food Products. The auction will take place on November 19, 2025, starting at 12:00 PM and ending at 05:00 PM. The reserve price for this auction is ₹39,60,000.00, with an Earnest Money Deposit (EMD) of ₹3,96,000.00 required to participate. This is a significant opportunity to acquire a commercial asset in a key location within Rajkot.

The property is a commercial shop in a decent location of Rajkot. Given the moderate reserve price and the auction terms, it represents a calculated investment opportunity. However, potential buyers should carefully assess the market value and demand for commercial spaces in the area.