Shop for auction Yagnik Road Rajkot 19 lakh Union Bank of India

Property for Auction in Yagnik Road, Rajkot, Gujarat

Property Type IconProperty Type:
Commercial Shop
Location IconLocation:
Yagnik Road, Rajkot
Auction Date IconAuction Date:
14-11-2025 12:00 PM

Auction Details

Auction ID:606058

Bank Name:Union Bank of India

Branch Name:Asset Recovery Branch

Reserve Price:18,80,000

EMD:1,88,000

Service Provider:BAANKNET

Important Dates

Submission Date:13-11-2025 05:00 PM

Bid Start Date:14-11-2025 12:00 PM

Property Description

Prime commercial shop located on the bustling Yagnik Road in Rajkot, Gujarat. This property is ideal for retail or service-oriented businesses seeking a high-visibility location. Situated in a prominent commercial hub, it offers excellent accessibility and potential for significant foot traffic. The asset is being auctioned by Union Bank of India. This is a fantastic opportunity to acquire a commercial space in a thriving city.

State:Gujarat

City:Rajkot

Area:Yagnik Road

Asset Category:Commercial

Auction Description

Union Bank of India is conducting a SARFAESI auction for a commercial shop on Yagnik Road, Rajkot. The auction will take place on November 14, 2025, from 12:00 PM to 5:00 PM. The reserve price is set at INR 18,80,000, with an Earnest Money Deposit (EMD) of INR 1,88,000 required. This is a direct opportunity to bid on a commercial asset, previously belonging to Silverstone Gems and Jewelers Pvt. Ltd., with the bank.

Borrower Name:Silverstone Gems and Jewelers Pvt. Ltd

Auction Type:SARFAESI Auction

Contact Details

Contact Mr. Parveen Verma-Mob: 7015894944, Mr. Arshad Kureshi-Mob.: 99259 12600 and Mr. Jagdish Kumar-Mob: 73895 89964

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