A 2nd floor shop in Surendranagar, Gujarat, listed by ISARC under the SARFAESI Act, 2002.
Registration is open now. Reserve ₹29.20 L, EMD ₹2.92 L. Registration and EMD close 17 Nov 2026, 5:00 PM IST.
First seen · Source: ISARC listing on bankeauctions.com; lender’s sale documents
Compiled from ISARC’s listing 244956 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 ₹29,20,000, with an EMD of ₹2,92,000. The published submission deadline is 17 Nov 2026, 5:00 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.
ISARC is selling a 2nd floor shop in Surendranagar, 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 ₹29,20,000 and the notice EMD is ₹2,92,000. Submission closes 17 Nov 2026, 5:00 PM IST. The online auction is scheduled for 18 Nov 2026, 11:00 AM–1:00 PM IST. See the bidding rules below for increments and extensions. Inspection is set for 12 Nov 2026, 11:00 AM–5:00 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 |
|---|---|---|---|
| Platform press date | 23 Oct 2026 | Publication date shown by the official listing. First coverage is dated separately. | Listing 244956 |
| Listing seen | 3 Nov 2026 | First seen on bankeauctions.com | Listing 244956 |
| Inspection | 12 Nov 2026, 11:00 AM–5:00 PM IST | The window the listing gives to see the property; arrange it with the lender | Listing 244956 |
| Registration and EMD close | 17 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 244956 |
| Online auction | 18 Nov 2026, 11:00 AM–1:00 PM IST | See the bidding rules below for bid increments, extensions and any conflicting instructions. | Listing 244956 |
| 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.
Shop 9/B, the southern part of Shop 09 Paiki, second floor, Jay Somnath Complex, opposite Mela Na Medan, Malhar Chowk, Surendranagar, Gujarat. Area 47.71 sq m with terrace rights.
Ward 1, City Survey 1511 Paiki. East: road; west: common passage and remaining Shop 9; south: City Survey 1526.
This is not the whole of Shop 9.
Personal names left out for privacy.
The reserve is ₹29,20,000 and the earnest-money deposit (EMD) is ₹2,92,000. The published submission deadline is 17 Nov 2026, 5:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.
Register on the auction portal and pay EMD by NEFT/RTGS; this booklet does not accept cash, cheque or demand draft. Supply the bid form, photo, PAN, address proof and transfer reference.
The original notarised indemnity on ₹500 stamp paper must reach ISARC’s registered office before the auction. A sole bidder must improve the reserve by at least one bid increment; no nominee substitution is allowed.
The lender’s sale notice says it has taken physical possession. The listing sets inspection for 12 Nov 2026, 11:00 AM–5:00 PM IST. Ask ISARC’s authorised officer before you pay the EMD.
Pay 25% of the accepted price, including EMD, on the sale day or the next working day, and the balance 75% within 15 days under the booklet, without awaiting a further reminder. Default can forfeit the deposit and all amounts paid.
The main terms say unsuccessful EMD is returned within seven working days without interest, while the declaration ties refund to conclusion of a successful sale. Obtain written clarification of that refund trigger.
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 indemnity requires the bidder to investigate title and encumbrances over the preceding 50 years and accept broad claims/waiver provisions.
ISARC does not undertake to clear third-party interests for the purchaser.
Bids rise in increments of ₹25,000. 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.
2 bank auctions in Surendranagar are open for registration now.