What exactly is being sold?
Flat 305 on the 3rd floor of Shlok Lake City, Plots 621 to 626, Jolva, Palsana, Surat district, Gujarat. Its built-up area is 31.23 sq m, about 336 sq ft.
Neighbours’ names left out for privacy.
First listed19 Sep 2026
Relisted onceLatest 17 Oct 2026
Registration and EMD closed30 Oct 2026, 5:00 PM IST
Online auctionScheduled 31 Oct 2026, 11:00 AM–2:00 PM IST
ART Housing Finance (India)Auction ahead
3rd floor flat in Jolva, Palsana: ART Housing Finance (India) auction
A 3rd floor flat in Jolva, Palsana, Gujarat, listed by ART Housing Finance (India) Limited under the SARFAESI Act, 2002. This is its second listing since Sep 2026, at the same reserve.
Registration closed on 30 Oct 2026, 5:00 PM IST. Reserve ₹2.20 L, EMD ₹22,000.
First seen · Source: ART Housing Finance (India) listing on bankeauctions.com
Key facts ART Housing Finance (India) auction of a 3rd floor flat in Jolva, Palsana
- Lender
- ART Housing Finance (India) Limited
- Status
- Auction ahead
- Property
- Flat 305
- Address
- Flat 305, 3rd floor, Shlok Lake City, Plots 621 to 626, Jolva, Palsana, Surat district, Gujarat
- Building or project
- Shlok Lake City
- Floor
- 3rd floor
- Built-up area
- 31.23 sq m
- Possession
- Not stated in the sale notice
- Sold under
- SARFAESI Act, 2002
- Online auction
- 31 Oct 2026, 11:00 AM–2:00 PM IST
- Registration and EMD closed
- 30 Oct 2026, 5:00 PM IST
- Reserve price
- ₹2,20,000
- Bidding
- Bids rise in steps of ₹10,000, and a late bid extends the auction by 5 minutes, with no limit
- Earnest money (EMD)
- ₹22,000, 10% of the reserve
- Listed under
- Land
- Official source
- ART Housing Finance (India) listing 243454 on bankeauctions.com
- Last verified
- 28 Oct 2026
Compiled from ART Housing Finance (India) Limited’s listing 243454 on bankeauctions.com, as BiddingPulse’s records held it on 28 Oct 2026. BiddingPulse is independent research, not affiliated with the lender or bankeauctions.com; follow the lender’s registration and payment instructions. The sale follows the lender’s published process.
On the numbers
What the “₹2.20 L reserve” means
What ART Housing Finance (India)’s listing says
The lowest bid the lender will accept is ₹2,20,000, with a ₹22,000 EMD due by 30 Oct 2026, 5:00 PM IST. It is the second listing we have recorded; the first asked ₹2,20,000.
What BiddingPulse covers
All 2 listings we have recorded and their reserves, the property as the listing describes it, and what the SARFAESI sale rules require after the auction. BiddingPulse reads the sale notice only for the type of possession; inspection and dues are for you to check there. Names of borrowers and other people are left out.
Auction summary
Source: ART Housing Finance (India) listing on bankeauctions.comART Housing Finance (India) Limited is selling a 3rd floor flat in Jolva, Palsana, Gujarat. Its sale notice doesn’t say whether the lender’s possession is physical or symbolic. 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.
Bidding starts at the reserve price of ₹2,20,000. To take part you pay an earnest-money deposit (EMD) of ₹22,000, 10% of the reserve, by 30 Oct 2026, 5:00 PM IST. The online auction is scheduled for 31 Oct 2026, 11:00 AM–2:00 PM IST. Bids rise in steps of ₹10,000, and a late bid extends the auction by 5 minutes, with no limit.
The lender has listed this property 2 times since 19 Sep 2026. The reserve has not changed.
Use the official listing below to read the sale notice, register, pay the EMD and bid. Check every figure here against it first.
Reserve price history
From the lender’s 2 listings on bankeauctions.comART Housing Finance (India) has listed this property 2 times in our records, which start in May 2026. A listing counts as the same property when the lender, the city and nearly all of the description match. Banks don’t publish auction results, so the listings don’t say whether earlier rounds drew bids.
₹2.20 L
₹2.20 L
| Listing | Registration deadline | Reserve and EMD | Source |
|---|---|---|---|
| First listing | 1 Oct 2026 | Reserve ₹2,20,000 · EMD ₹22,000 | Listing 241221 |
| Current listing | 30 Oct 2026 | Reserve ₹2,20,000, unchanged · EMD ₹22,000 | Listing 243454 |
Auction & payment timeline
Source: ART Housing Finance (India) listing on bankeauctions.com; SARFAESI sale rules| Stage | Date | What it means | Source |
|---|---|---|---|
| Sale notice published | 14 Oct 2026 | The listing’s press-release date for the lender’s sale notice | Listing 243454 |
| Second listing seen | 17 Oct 2026 | First seen on bankeauctions.com | Listing 243454 |
| Inspection | In the sale notice | The listing sets no date; the notice says whether and when you can visit | Sale notice |
| Registration and EMD closed | 30 Oct 2026, 5:00 PM IST | Register, pay the EMD and submit your opening offer (usually at least the reserve); bidding itself is in the online auction | Listing 243454 |
| Online auction | 31 Oct 2026, 11:00 AM–2:00 PM IST | On bankeauctions.com. Bids rise in steps of ₹10,000, and a late bid extends the auction by 5 minutes, with no limit | Listing 243454 |
| 25% of the price | Sale day or next working day | The EMD counts toward it | SARFAESI Rule 9(3) |
| The other 75% | Within 15 days | From the bank’s confirmation of the sale; up to three months if the bank agrees in writing. The sale notice can set an earlier date, such as the 15th day from the auction; confirm the date with the authorised officer. | SARFAESI Rule 9(4) |
| Sale certificate | Once paid in full | Issued by the bank’s authorised officer | SARFAESI Rule 9(6) |
Sale, possession and payment terms
The listing gives the property, the reserve, the EMD and the deadline. Possession, inspection, dues and the exact payment terms are in the lender’s sale notice, so read it before you pay the EMD.
What do the listing’s terms mean?
A built-up area is measured to the outer walls, so the carpet area inside is smaller.
Who can bid?
The listing sets no category of bidder. Bidding needs registration on bankeauctions.com with KYC documents and the EMD paid before the deadline, as the sale notice says. Registering or paying does not by itself make you eligible: the sale notice sets who may bid and on what terms, and BiddingPulse has not checked it for this listing.
Does the lender hold the property, and can I see it?
The lender’s sale notice doesn’t say whether its possession is physical or symbolic. The listing gives no inspection date. Symbolic possession can leave an occupant in place. Ask ART Housing Finance (India)’s authorised officer before you pay the EMD.
What dues and encumbrances are disclosed?
None in the listing. Unpaid property tax, society maintenance, electricity or water charges, and any other claim on the property can pass to the buyer. Ask the authorised officer in writing what the lender knows of, and check the sale notice.
What do I pay after the auction?
25% of the price, EMD included, on the sale day or the next working day, then the other 75% within 15 days of the bank confirming the sale; the bank can agree in writing to up to three months. The sale notice can set an earlier date, such as the 15th day from the auction; confirm the date with the authorised officer. The sale certificate follows full payment. Stamp duty and registration are extra and usually the buyer’s.
Can I withdraw, and what if I miss a payment?
Bank sales are usually “as is where is”, with no recourse for defects found later. Under the sale rules a buyer who misses a payment loses the deposit already paid. The sale notice states the terms that apply.
Verify on the official source
Public ART Housing Finance (India) listingCheck the reserve, EMD, dates and terms on the lender’s listing before you act. Bid on bankeauctions.com, and register and pay the EMD as the sale notice says: online for some lenders, by demand draft at a branch for others.
Practical questions
What are the reserve price and EMD for this flat?
The reserve is ₹2,20,000 and the earnest-money deposit (EMD) is ₹22,000, 10% of the reserve. Registration, the EMD and opening offers were due by 30 Oct 2026, 5:00 PM IST; the bidding itself is in the online auction after that, and the sale notice sets how to pay the EMD.
Who can bid for this flat?
The listing sets no category of bidder. You register on bankeauctions.com with KYC documents and pay the EMD before the deadline, as the sale notice says, but registering or paying does not by itself make you eligible: the bank’s sale notice sets who may bid and on what terms, and BiddingPulse has not checked this listing’s notice. Read it on the listing before you pay.
Has this property been listed before?
Yes. This is the second listing BiddingPulse has recorded. The first, with registration by 1 Oct 2026, asked ₹2,20,000; this one asks ₹2,20,000. Banks don’t publish auction results, so the listings don’t say whether earlier rounds drew bids.
Does the bank have possession, and can I inspect it?
The lender’s sale notice doesn’t say whether its possession is physical or symbolic. The listing gives no inspection date. Ask ART Housing Finance (India)’s authorised officer before you pay the EMD.
What do I pay if my bid is accepted?
Under the SARFAESI sale rules, 25% of the price, with the EMD counted in it, on the sale day or the next working day, then the rest within 15 days of the bank confirming the sale, or up to three months if the bank agrees in writing. The sale notice can set an earlier date, such as the 15th day from the auction; confirm the date with the authorised officer. Stamp duty and registration are extra.
Where do I register and bid?
Bids are placed on bankeauctions.com, under ART Housing Finance (India)’s terms. The sale notice gives the registration and EMD payment details: online for some lenders, by demand draft at a branch for others. BiddingPulse is independent research and does not accept registrations, deposits or bids.
New to bank auctions? Risks, costs and checks before a bank auction — the full guide.
Publication record
Every change dated · never silently rewritten17 Oct 2026Source update applied
Second listing: reserve unchanged at ₹2.20 L
Reserve ₹2,20,000, EMD ₹22,000, registration by 30 Oct 2026.
Listing 24345419 Sep 2026
First listing found on bankeauctions.com
Reserve ₹2,20,000, EMD ₹22,000, registration by 1 Oct 2026.
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