A plot in Kareli, Gujarat, listed by Assets Care and Reconstruction Enterprise Limited under the SARFAESI Act, 2002.
Registration is open now. Reserve ₹5.17 L, EMD ₹51,700. Registration and EMD close 26 Nov 2026, 4:00 PM IST.
First seen · Source: Assets Care and Reconstruction Enterprise listing on bankeauctions.com; lender’s sale documents
Compiled from Assets Care and Reconstruction Enterprise Limited’s listing 244958 and its linked sale documents on bankeauctions.com, checked on 3 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 ₹5,17,000, with an EMD of ₹51,700. The published submission deadline is 26 Nov 2026, 4:00 PM IST. 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.
Assets Care and Reconstruction Enterprise Limited is selling a plot in Kareli, 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 ₹5,17,000 and the notice EMD is ₹51,700. Submission closes 26 Nov 2026, 4:00 PM IST. The online auction is scheduled for 27 Nov 2026, 2:30 PM–3:30 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.
| Stage | Date | What it means | Source |
|---|---|---|---|
| Platform press date | 27 Oct 2026 | Publication date shown by the official listing. First coverage is dated separately. | Listing 244958 |
| Listing seen | 3 Nov 2026 | First seen on bankeauctions.com | Listing 244958 |
| Inspection | Arrange an appointment with ACRE | The notice invites inspection by prior arrangement; confirm access and the appointment with ACRE. No fixed inspection window is asserted. | Sale notice |
| Registration and EMD close | 26 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 | Listing 244958 |
| Online auction | 27 Nov 2026, 2:30 PM–3:30 PM IST | See the bidding rules below for bid increments, extensions and any conflicting instructions. | Listing 244958 |
| 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.
Plot 290, Rahi Township Division 1, Kareli, Palsana taluk, Surat, Gujarat. Printed plot area 53.35 sq m; open/site area 44.91 sq m, with a separate 23.55 sq m undivided share. Assessment 1149, Revenue Surveys 352, 353 and 354, Block 369/290, parent land 33,059 sq m.
The notice distinguishes 53.35 sq m plot area from 44.91 sq m open/site area and a separate share.
Personal names left out for privacy.
The reserve is ₹5,17,000 and the earnest-money deposit (EMD) is ₹51,700. The published submission deadline is 26 Nov 2026, 4:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.
Register on bankeauctions.com and submit the signed bid/application, PAN, identity and address proof and evidence of the 10% EMD before the stated entry cutoff. The publication provides demand-draft or NEFT/RTGS instructions; verify the current beneficiary and delivery route directly with ACRE.
Obtain approval and bidding credentials before the session.
The lender’s sale notice says it has taken physical possession. The notice invites inspection by prior arrangement; confirm access and the appointment with ACRE. No fixed inspection window is asserted. Ask Assets Care and Reconstruction Enterprise’s authorised officer before you pay the EMD.
The inspected newspaper publication does not set out a complete post-auction payment, default-forfeiture or unsuccessful-bid refund timetable. ACRE links separate detailed bid documents, but the linked files returned HTTP 404 during the 3 November check.
Obtain the property’s current written terms before depositing EMD; no payment ladder from another lender is substituted.
The buyer bears stamp duty, registration and transfer costs, applicable taxes, municipal and utility dues and other liabilities affecting the property. Verify title, access, permitted use and outstanding charges independently before bidding.
The sale is on as-is terms and remains subject to the authorised officer’s acceptance. The lender may reject bids, postpone or cancel the sale under its notice.
Possession wording is not a guarantee of vacant access or clear title. The missing detailed bid document is a material limitation; the newspaper notice alone is not a complete bidding pack.
Bids rise in increments of ₹5,000. The scheduled closing time may extend under the notice’s late-bid rules.
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.
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