A house in Raiya, Rajkot, Gujarat, listed by Axis Bank under the SARFAESI Act, 2002.
Registration is open now. Reserve ₹57,78,536, EMD ₹5,77,853. Registration and EMD close 21 Nov 2026, 4:00 PM IST.
First seen · Source: Axis Bank’s official sale notice
Compiled from Axis Bank’s official sale notice, checked on 3 Nov 2026. BiddingPulse is independent research, not affiliated with the lender or augeo.samil.in; follow the lender’s registration and payment instructions. The sale follows the lender’s published process.
The reserve is ₹57,78,536, with an EMD of ₹5,77,853. The notice prints EMD ₹5,77,853, which is 60 paise below exact 10% of the reserve. The published amount is retained. The highest bid is subject to acceptance under the sale notice.
The property, dates, possession, participation requirements, payments and material risks in the linked sale documents, read on 3 Nov 2026. Any conflict or missing detail is identified below. This is not a title or occupancy verification. Names of borrowers and other people are left out.
Axis Bank is selling a house in Raiya, Rajkot, Gujarat. Its sale notice says the lender has taken physical possession. The property is security for a loan, and the lender is selling it under the SARFAESI Act, 2002, which lets a lender sell a defaulted loan’s security without going to court.
The reserve is ₹57,78,536 and the notice EMD is ₹5,77,853. The notice prints EMD ₹5,77,853, which is 60 paise below exact 10% of the reserve. The published amount is retained. The online auction is scheduled for 23 Nov 2026, 11:00 AM–12:00 PM IST. See the bidding rules below for increments and extensions. Inspection was set for 5 Oct 2026, 11:00 AM–4:00 PM IST.
Use the official listing below to read the sale notice, register, pay the EMD and bid. Check every figure here against it first.
| Stage | Date | What it means | Source |
|---|---|---|---|
| Inspection | 5 Oct 2026, 11:00 AM–4:00 PM IST | The notice prints 5 October, 11:00 AM–4:00 PM IST, before its 16 October signature and the November auction. This unresolved past date is not changed to November; arrange and confirm any fresh inspection with Axis. | Sale notice |
| Sale notice dated | 16 Oct 2026 | The date printed in the lender’s sale notice. The date this page first covered it is shown separately. | Sale notice |
| Listing seen | 3 Nov 2026 | First seen in the bank’s sale notices | Bank sale notice |
| Registration and EMD close | 21 Nov 2026, 4:00 PM IST | Register, pay the EMD and submit your opening offer (usually at least the reserve); bidding itself is in the online auction | Bank sale notice |
| Online auction | 23 Nov 2026, 11:00 AM–12:00 PM IST | See the bidding rules below for bid increments, extensions and any conflicting instructions. | Sale notice |
| Payment after acceptance | Notice-specific deadlines | Read the payment deadlines and conditions below; the lender’s documents set the dates. | Sale documents |
Read the requirements and risks from this lot’s sale documents, checked on 3 Nov 2026. Follow the lender’s originals and any later amendment before paying.
A freehold residential house on Plot 27, Maninagar area, Raiya village, Rajkot district, Gujarat 360001. Land area is printed as 67-04 sq m and repeated as 67.04 sq m; Revenue Survey 180. The building’s floor area, floor count and boundary measurements are not stated.
Personal names left out for privacy.
The reserve is ₹57,78,536 and the earnest-money deposit (EMD) is ₹5,77,853. The notice prints EMD ₹5,77,853, which is 60 paise below exact 10% of the reserve.
The published amount is retained. The published submission deadline is 21 Nov 2026, 4:00 PM IST.
The online auction is a separate event; follow the notice’s payment and document instructions.
Submit the complete offer, EMD by demand draft or pay order, a participation request, self-attested identity and address proof, PAN, a valid email address and contact details by 21 November 2026, 4:00 PM IST.
The schedule names Collection Centre, first floor, Units 101–102 (part), Balleshwar Avenue, opposite Rajpath Club, SG Highway, Bodakdev, Ahmedabad 380054 as the receiving office.
Use the sealed bid envelope and the undertaking to participate on the stated terms and pay within the published timetable; the notice accepts individual, company, firm or organisation particulars. The ₹250 application fee is non-refundable.
The instrument is payable at Ahmedabad; confirm the exact payee wording in the bank’s original. Axis checks eligibility and PAN before platform credentials are issued.
Registration or an EMD payment alone does not establish eligibility; any property-specific transfer/use restriction must be confirmed with the authorised officer.
The lender’s sale notice says it has taken physical possession. The notice prints 5 October, 11:00 AM–4:00 PM IST, before its 16 October signature and the November auction.
This unresolved past date is not changed to November; arrange and confirm any fresh inspection with Axis. Ask Axis Bank’s authorised officer before you pay the EMD.
Pay 25% of the accepted bid, including EMD, no later than the next working day after bid confirmation. Pay the remaining 75% within 15 days of sale confirmation.
Default can forfeit the EMD or all amounts paid, lead to resale and make the defaulting buyer liable for resale costs. Unsuccessful EMD is to be returned within seven working days after auction, without interest; the notice excludes interest even if repayment is delayed.
The notice requires the 25% payment by demand draft payable at Ahmedabad.
The buyer must ascertain and bear property tax, maintenance, electricity, water/service and other statutory or local dues, and pay stamp duty, registration, transfer fees and applicable taxes. The notice’s statement about known encumbrances is not an independent title or no-dues certificate.
The sale is on an as-is basis without recourse. Inspect title, dimensions, access, occupancy and local transfer/use permissions before bidding.
The bank does not obtain permissions for the buyer; bids cannot be withdrawn after acceptance, and the sale remains subject to bank confirmation. The bank may amend, postpone, cancel or reject offers.
Physical possession stated by the bank is not a guarantee of vacant delivery. The notice says the sale is subject to any Securitisation Application before the Debt Recovery Tribunal, without identifying an active case.
The schedule names augeo.samil.in. Bids increase by ₹20,000; late bids extend the scheduled close in five-minute periods without a stated limit. The notice requires bids above reserve, although another clause says the property cannot be sold below reserve.
New to bank auctions? Risks, costs and checks before a bank auction — the full guide.
Check the latest notice and any amendments before paying. Follow the registration, payment and bidding instructions above and in the lender’s documents. BiddingPulse accepts no registrations, deposits or bids.
Open Axis Bank’s auction notice index and locate the notice for Plot 27 in Rajkot, with the auction on 23 November 2026 and reserve ₹57,78,536. Match the full property address and sale terms shown here before paying.
22 bank auctions in Rajkot are open for registration now.