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Listed10 Nov 2026
Buy the bid document20 Nov 2026
Online auctionScheduled 23 Nov 2026, 11:30 AM–12:30 PM IST
Last verified10 Nov 2026
Alchemist Asset ReconstructionBid document on sale
Parking basements and shop in Viva Collage Mall, Jalandhar: Alchemist Asset Reconstruction auction
Parking basements and shop in Viva Collage Mall, Jalandhar, Punjab, listed by Alchemist Asset Reconstruction under the SARFAESI Act, 2002.
Reserve ₹11.56 Cr, EMD ₹1,15,60,000. Buy the bid document by 20 Nov 2026 during working hours; no closing hour is stated. EMD and completed bids are separately due 21 Nov 2026, 3:00 PM IST.
Confirm before paying. This bundle includes Shop TF-3 as well as three parking basements. The basements have symbolic possession and shared access. Buy the bid document by 20 November, before the 21 November EMD deadline.
See the bidding rules below for increments and extensions
Inspection
12–20 Nov, working hours by appointment
Earnest money (EMD)
₹1,15,60,000, 10% of the reserve
Official source
Alchemist Asset Reconstruction listing 245503 on bankeauctions.com
Last verified
10 Nov 2026
Compiled from Alchemist Asset Reconstruction’s listing 245503 and its linked sale documents on bankeauctions.com, checked on 10 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.
On the numbers
What the “₹11.56 Cr reserve” means
What Alchemist Asset Reconstruction’s sale documents say
The reserve is ₹11,56,00,000, with an EMD of ₹1,15,60,000. The published submission deadline is 20 Nov 2026. The highest bid is subject to acceptance under the sale notice.
What BiddingPulse covers
The property, dates, possession, participation requirements, payments and material risks in the linked sale documents, read on 10 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.
Auction summary
Source: Alchemist Asset Reconstruction listing on bankeauctions.com; lender’s sale documents
Alchemist Asset Reconstruction is selling parking basements and shop in Viva Collage Mall, Jalandhar, Punjab. 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 ₹11,56,00,000 and the notice EMD is ₹1,15,60,000. Submission closes 20 Nov 2026. The online auction is scheduled for 23 Nov 2026, 11:30 AM–12:30 PM IST. See the bidding rules below for increments and extensions.
Use the official listing below to read the sale notice, register, pay the EMD and bid. Check every figure here against it first.
Auction & payment timeline
Source: Alchemist Asset Reconstruction listing on bankeauctions.com; lender’s sale documents; SARFAESI sale rules
Stage
Date
What it means
Source
Sale notice dated
5 Nov 2026
The inspected notice is dated 5 November 2026. BiddingPulse first recorded this listing on 10 November; that is later discovery, not a new sale launch.
Sale notice
Listing seen
10 Nov 2026
First seen on bankeauctions.com
Listing 245503
Inspection
12–20 Nov, working hours by appointment
The kit permits inspection on 12–20 November during working hours with the authorised officer’s prior permission. It separately mislabels 12 November as a publication date, while the signed invitation and newspaper are dated 5 November. Confirm access and appointment hours.
Sale notice
Buy the bid document
20 Nov 2026 · working hours
Purchase the ₹1,000 bid document during working hours by 20 November; no closing hour is published. Completed bids and EMD are separately due on 21 November by 3:00 PM IST.
Sale notice
Registration and EMD close
21 Nov 2026, 3:00 PM IST
After purchasing the bid document by 20 November, submit the completed sealed bid and EMD and complete online submission by 21 November, 3:00 PM IST.
Listing 245503
Online auction
23 Nov 2026, 11:30 AM–12:30 PM IST
The signed kit specifies a 23 November start at 11:30 AM IST but no finishing clock. The platform supplies 12:30 PM IST as a scheduled end; unlimited five-minute extensions may continue beyond it. See the bidding rules below for bid increments, extensions and any conflicting instructions.
Read the requirements and risks from this lot’s sale documents, checked on 10 Nov 2026. Follow the lender’s originals and any later amendment before paying.
Sale documents
What exactly is being sold?
One sale bundle at Viva Collage Mall, NH-1, Jalandhar, Punjab: Basement I (97,097 sq ft), Basement II (94,541 sq ft) and Basement III (22,235 sq ft), used for parking, together with Shop TF-3 on the third floor (4,835 sq ft). The shop is included in the ₹11.56 crore reserve, not a separate offer.
The three basement areas total 2,13,873 sq ft and the bundle totals 2,18,708 sq ft, calculated from the printed components. Basement entry/access and electrical and safety services are shared, so the kit says these spaces cannot simply be locked.
It does not promise exclusive vacant parking possession.
Possession is identifiable by component: basements symbolic; Shop TF-3 physical. The bundle is not solely a parking concession or parking-only sale.
Personal names left out for privacy.
What are the reserve price and EMD for these parking basements and shop?
The reserve is ₹11,56,00,000 and the earnest-money deposit (EMD) is ₹1,15,60,000. The published submission deadline is 21 Nov 2026, 3:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.
Who can bid for these parking basements and shop, and how do I register?
Buy the ₹1,000 bid document by 20 November during working hours from Alchemist’s authorised officer at A-270, first and second floors, Defence Colony, New Delhi 110024, or through the paid email route stated in the kit.
Sign every page, submit the sealed original forms/payment evidence and complete online submission by 21 November, 3:00 PM IST. Supply KYC, authority documents for a company/firm/representative, and the notarised ₹50stamp-paper undertaking.
The kit excludes persons ineligible under Section 29A and connected parties, including the stated connections with the borrower, promoters, guarantor or mortgagor. The undertaking covers insolvency, wilful-default, NPA, conviction, SEBI and connected-person disqualifications; do not assume eligibility from registration.
The kit permits its specified bank/payment instruments or electronic remittance; confirm beneficiary and clearance with Alchemist.
Does the bank have possession, and can I inspect it?
Basements I–III: symbolic possession dated 15 September 2016. Shop TF-3: physical possession dated 6 December 2017.
Shared basement access remains; neither entry establishes vacancy. Arrange and confirm inspection with the authorised officer; see the auction and payment timeline for the full inspection note.
Ask Alchemist Asset Reconstruction’s authorised officer before you pay the EMD.
What do I pay if my bid is accepted?
Pay 25% of the sale price, including EMD, on the same day or the next working day. Pay the remaining 75% within 15 days of sale confirmation.
An extension requires written agreement, is capped at 90 days and carries 12% annual interest under the kit. Default can forfeit EMD and other amounts paid and lead to resale.
Unsuccessful EMD is refundable without interest within seven working days. If a court sets the sale aside, the kit limits recovery to the paid sale price/EMD without interest and excludes TDS/GST and other expenses.
What other charges or claims could I face?
The purchaser bears taxes, stamp duty, registration, transfer, permissions, mutation, security and other dues and costs, including unknown encumbrances. Security costs run from the sale letter until handover under the kit.
Dealing with occupants/encroachment and legal obstacles is at the buyer’s cost. The original title deeds are stated to be with the security trustee, State Bank of Patiala, now SBI; inspect their availability before bidding.
What are the withdrawal, payment and sale risks?
The three basements have symbolic possession dated 15 September 2016; Shop TF-3 has physical possession dated 6 December 2017. Shared basement access and electrical/safety services limit control.
Neither status establishes vacant exclusive use. The kit reports a dismissed securitisation challenge and an original application dismissed for default with a restoration application pending; this is the dated kit’s account, not an independently verified current outcome.
The sale is on an as-is basis with broad purchaser indemnity and title/possession risks, subject to Alchemist’s acceptance.
What are the bidding rules?
The kit provides unlimited five-minute extensions; the platform’s 12:30 PM IST end is scheduled, not guaranteed.
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 public listing and choose View NIT to read the sale notice and attached bid documents.