Property for Auction in Yagnik Road, Rajkot, Gujarat
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
Submission Date:13-11-2025 05:00 PM
Bid Start Date:14-11-2025 12:00 PM
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
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 Mr. Parveen Verma-Mob: 7015894944, Mr. Arshad Kureshi-Mob.: 99259 12600 and Mr. Jagdish Kumar-Mob: 73895 89964