A 2nd floor flat in Sayan, Gujarat, listed by Religare Housing Development Finance Corporation Limited under the SARFAESI Act, 2002. This is its second listing since Sep 2026, with the reserve down 69.1% on the first.
Registration is open now. Reserve ₹1.70 L, EMD ₹17,000. Registration and EMD close 22 Nov 2026, 5:00 PM IST.
First seen · Source: Religare Housing Development Finance Corporation listing on bankeauctions.com; lender’s sale documents
Compiled from Religare Housing Development Finance Corporation Limited’s listing 245284 and its linked sale documents on bankeauctions.com, checked on 7 Nov 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.
The reserve is ₹1,70,000, with an EMD of ₹17,000. The notice prints Flats 204 and 203 in one row, with reserves “Rs.1,70,000/- & Rs.5,00,000/-”; bankeauctions.com gives this flat the first. Both flats print the same areas, so confirm the reserve with the authorised officer before paying. The highest bid is subject to acceptance under the sale notice. It is the second listing we have recorded; the first asked ₹5,50,000.
The property, dates, possession, participation requirements, payments and material risks in the linked sale documents, read on 7 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.
Religare Housing Development Finance Corporation Limited is selling a 2nd floor flat in Sayan, Gujarat. 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 ₹1,70,000 and the notice EMD is ₹17,000. The notice prints Flats 204 and 203 in one row, with reserves “Rs.1,70,000/- & Rs.5,00,000/-”; bankeauctions.com gives this flat the first. Both flats print the same areas, so confirm the reserve with the authorised officer before paying. The online auction is scheduled for 23 Nov 2026, 11:00 AM–1:00 PM IST. See the bidding rules below for increments and extensions. Inspection is set for 21 Nov 2026, 11:00 AM–2:00 PM IST.
The lender has listed this property 2 times since 8 Sep 2026. The reserve is down 69.1% on the first listing.
Use the official listing below to read the sale notice, register, pay the EMD and bid. Check every figure here against it first.
Religare Housing Development Finance Corporation has listed this property 2 times in our records, which start in May 2026. The earlier listings identify the same property. No result has been verified for those earlier rounds.
| Listing | Registration deadline | Reserve and EMD | Source |
|---|---|---|---|
| First listing | 24 Sep 2026 | Reserve ₹5,50,000 · EMD ₹55,000 | Listing 240156 |
| Current listing | 22 Nov 2026 | Reserve ₹1,70,000, down 69.1% · EMD ₹17,000 | Listing 245284 |
| Stage | Date | What it means | Source |
|---|---|---|---|
| Sale notice dated | 4 Nov 2026 | The newspaper notice is dated 4 November 2026. BiddingPulse first saw this listing on 6 November 2026. | Sale notice |
| Second listing seen | 6 Nov 2026 | First seen on bankeauctions.com | Listing 245284 |
| Inspection | 21 Nov 2026, 11:00 AM–2:00 PM IST | The notice gives 21 November 2026, 11:00 AM–2:00 PM IST for inspection. Its terms say title documents can be seen after fixing a date and time with the authorised officer. | Sale notice |
| Registration and EMD close | 22 Nov 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 245284 |
| Online auction | 23 Nov 2026, 11:00 AM–1:00 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 7 Nov 2026. Follow the lender’s originals and any later amendment before paying.
Flat 204 on the 2nd floor of Akshar Complex, with 507 sq ft super built-up and 354.93 sq ft (32.98 sq m) built-up area, and an undivided share in the land whose size the notice does not state.
The complex stands on Block No. 569 (printed “2 Akar 19 Ghuntha, Akar Rs.16.75 Paisa”), Plots No. 6A and 6B, village Sayan, Olpad taluka, Surat district, Gujarat. The parent block is not the flat’s area.
Personal names left out for privacy.
A super built-up area adds a share of the building’s common areas, so the flat itself is smaller.
The reserve is ₹1,70,000 and the earnest-money deposit (EMD) is ₹17,000. The notice prints Flats 204 and 203 in one row, with reserves “Rs.1,70,000/- & Rs.5,00,000/-”; bankeauctions.com gives this flat the first.
Both flats print the same areas, so confirm the reserve with the authorised officer before paying. The published submission deadline is 22 Nov 2026, 5:00 PM IST.
The online auction is a separate event; follow the notice’s payment and document instructions.
Register on bankeauctions.com with a valid email address and obtain a user ID and password from the service provider. Pay the EMD electronically by RTGS or NEFT to the account the notice names; it expressly refuses cheques and demand drafts for the EMD.
Bids and the EMD must arrive by 22 November 2026, 5:00 PM IST. Bids below the reserve or without the EMD are not accepted.
The short notice does not list KYC documents or age, nationality, residency or entity requirements; obtain the complete bid terms from the authorised officer before paying.
Yes. This is the second listing BiddingPulse has recorded. The first, with registration by 24 Sep 2026, asked ₹5,50,000; this one asks ₹1,70,000. No result has been verified for the earlier listings.
BiddingPulse couldn’t match this property to a possession entry in the lender’s sale notice; check the notice. Arrange and confirm inspection with the authorised officer; see the auction and payment timeline for the full inspection note.
Ask Religare Housing Development Finance Corporation’s authorised officer before you pay the EMD.
The successful bidder deposits 25% of the bid, including the EMD, on the same day by electronic transfer, demand draft or cheque in favour of Religare Housing Development Finance Corporation Limited payable at Delhi. The balance is due within 15 days of the secured creditor’s confirmation of sale.
The EMD and payments carry no interest. If the buyer fails to follow the terms or defaults, the EMD or the 25% deposit is forfeited.
The notice gives no fixed refund date for unsuccessful bidders.
The buyer bears all statutory dues, taxes and bills owed to the municipal corporation or other authorities, and the stamp duty and registration fees for the sale certificate.
The lender takes no responsibility for permissions, NOCs or outstanding water, electricity, property-tax or other dues; any arrears, taxes, VAT, TDS or GST on the property fall on the purchaser.
The possession column uses the combined wording “constructive/physical possession taken” without choosing one, so physical possession is not established. Check occupation, title, extent and access yourself.
The sale is as-is; the officer may accept or reject any bid, adjourn or cancel the sale and change its terms without notice. The statutory part of the notice allows a private-treaty sale if no bid is received; that clause is not evidence that this auction has failed.
The notice lets bidders raise bids in multiples of ₹5,000; the bankeauctions.com page shows a ₹10,000 increment. The auction runs 11:00 AM–1:00 PM IST with five-minute extensions; the notice gives no maximum number, so 1:00 PM is a scheduled end.
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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 this property’s bankeauctions.com page, then View NIT. The public download works from the ordinary page session; it failed when opened without that session. In the 4 November Financial Express (Ahmedabad) page 20, match row 3: Flat 204, reserve ₹1,70,000.
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