UnitReserve ₹2.50 CrRegister and pay the EMD by 19 Nov 2026
First seen · Source: Phoenix ARC listing and sale documents on bankeauctions.com
Key facts Phoenix ARC auction of a unit in SG Highway, Ahmedabad
Lender
Phoenix ARC Limited
Status
Registration open
Property
Unit B/507/A
Address
Unit B/507/A, 5th floor, Mondeal Square, SG Highway, next to Parshwanath Business Park, Ahmedabad 380054, Gujarat
Building or project
Mondeal Square
Floor
5th floor
Possession
Physical
Sold under
SARFAESI Act, 2002
Online auction
20 Nov 2026, 11:00 AM–12:00 PM IST
Registration and EMD close
19 Nov 2026, 6:00 PM IST
Reserve price
₹2,50,00,000
Bidding
Bids rise in steps of ₹1,00,000, and a late bid extends the auction by 5 minutes, with no limit
Earnest money (EMD)
₹25,00,000, 10% of the reserve
Platform label conflict
The platform files this as Floor. The sale schedule identifies Unit B/507/A on the fifth floor, not the whole floor; permitted use remains unverified.
Official source
Phoenix ARC listing 244626 on bankeauctions.com
Last verified
31 Oct 2026
Compiled from Phoenix ARC Limited’s listing 244626 and its linked sale documents on bankeauctions.com, checked on 31 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 “₹2.50 Cr reserve” means
What Phoenix ARC’s sale documents say
The reserve is ₹2,50,00,000, with an EMD of ₹25,00,000. The published submission deadline is 19 Nov 2026, 6:00 PM IST. 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 31 Oct 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: Phoenix ARC listing and sale documents on bankeauctions.com
Phoenix ARC Limited is selling a unit in SG Highway, Ahmedabad, 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 ₹2,50,00,000 and the notice EMD is ₹25,00,000. Submission closes 19 Nov 2026, 6:00 PM IST. The online auction is scheduled for 20 Nov 2026, 11:00 AM–12:00 PM IST. Bids rise in steps of ₹1,00,000, and a late bid extends the auction by 5 minutes, with no limit.
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: Phoenix ARC listing and sale documents on bankeauctions.com; SARFAESI sale rules
Stage
Date
What it means
Source
Platform press date
30 Oct 2026
The listing’s press-release date for the lender’s sale notice
Listing 244626
Listing seen
30 Oct 2026
First seen on bankeauctions.com
Listing 244626
Inspection
In the sale notice
The listing sets no date; the notice says whether and when you can visit
Sale notice
Registration and EMD close
19 Nov 2026, 6:00 PM IST
Register, pay the EMD and submit your opening offer (usually at least the reserve); bidding itself is in the online auction
Listing 244626
Online auction
20 Nov 2026, 11:00 AM–12:00 PM IST
On bankeauctions.com. Bids rise in steps of ₹1,00,000, and a late bid extends the auction by 5 minutes, with no limit
Listing 244626
Payment after acceptance
Notice-specific deadlines
Phoenix requires 25% of the price including EMD by the notice’s specified bank-hours deadline on the sale day or next working day. The balance is due on or before the fifteenth day after confirmation of sale; any extension needs the authorised officer’s written agreement. Stamp duty, registration, transfer costs, taxes and other charges are additional.
Sale documents
Sale, possession and payment terms
Read the requirements and risks from this lot’s sale documents, checked on 31 Oct 2026. Follow the lender’s originals and any later amendment before paying.
Phoenix ARC tender, sale notice and clauses 7–10 / xv–xviii
What exactly is being sold?
Unit B/507/A in Mondeal Square, SG Highway, next to Parshwanath Business Park, Ahmedabad, Gujarat. The listing gives no size for it. It is recorded under survey Nos. 833/P, 881/P and 834, and final plot No. 1/1. The property is Unit B/507/A on the fifth floor of Mondeal Square, not the entire fifth floor. No unit area or permitted use is established by the inspected tender. The platform files it under Floor; this is a unit, and the category does not establish sanctioned use. Confirm permitted use with Phoenix and the local authority. The notice records physical possession on 24 February 2025.
BiddingPulse explainer
What do the listing’s terms mean?
A survey number identifies the land in the revenue map; where the description gives an old and a new one, both are the same land under the old and new surveys.
Phoenix ARC tender, sale notice and clauses 7–10 / xv–xviii
Who can bid?
Complete registration on bankeauctions.com, upload the bid form, PAN and address proof, EMD details, signed declarations and the section 29A undertaking. Companies/firms need authorisation and constitution documents. Follow the notice’s RTGS payment instructions and 19 November 2026, 6:00 PM IST submission cutoff; a conditional bid may be rejected.
Sale notice
Does the lender hold the property, and can I see it?
The lender’s sale notice says it has taken physical possession. The listing gives no inspection date. Ask Phoenix ARC’s authorised officer before you pay the EMD.
Phoenix ARC tender, sale notice and clauses 7–10 / xv–xviii
What dues and encumbrances are disclosed?
The documents place statutory and non-statutory dues, taxes, transfer costs and other property charges on the purchaser. They do not establish a clear-title or zero-dues position; verify the title and all claims with Phoenix.
Phoenix ARC tender, sale notice and clauses 7–10 / xv–xviii
What do I pay after the auction?
Phoenix requires 25% of the price including EMD by the notice’s specified bank-hours deadline on the sale day or next working day. The balance is due on or before the fifteenth day after confirmation of sale; any extension needs the authorised officer’s written agreement. Stamp duty, registration, transfer costs, taxes and other charges are additional.
Phoenix ARC tender, sale notice and clauses 7–10 / xv–xviii
Can I withdraw, and what if I miss a payment?
A submitted bid cannot be cancelled or withdrawn. Failure to pay either instalment can forfeit the deposited money. Unsuccessful EMDs are refundable without interest within five working days. Phoenix may reject the highest offer or cancel/postpone the auction.
Phoenix ARC tender, sale notice and clauses 7–10 / xv–xviii
What earlier sale evidence is available?
The same lender listed the same Unit B/507/A for an 11 August 2026 auction, with the same ₹2.50 crore reserve and ₹25 lakh EMD. That earlier public listing does not establish a sale result; this page preserves its link.
Verify on the official source
Public Phoenix ARC listing
Check 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.
The reserve is ₹2,50,00,000 and the EMD is ₹25,00,000. The published submission deadline is 19 Nov 2026, 6:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.
Who can bid for this unit?
Complete registration on bankeauctions.com, upload the bid form, PAN and address proof, EMD details, signed declarations and the section 29A undertaking. Companies/firms need authorisation and constitution documents. Follow the notice’s RTGS payment instructions and 19 November 2026, 6:00 PM IST submission cutoff; a conditional bid may be rejected.
Does the bank have possession, and can I inspect it?
The lender’s sale notice says it has taken physical possession. The listing gives no inspection date. Ask Phoenix ARC’s authorised officer before you pay the EMD.
What do I pay if my bid is accepted?
Phoenix requires 25% of the price including EMD by the notice’s specified bank-hours deadline on the sale day or next working day. The balance is due on or before the fifteenth day after confirmation of sale; any extension needs the authorised officer’s written agreement. Stamp duty, registration, transfer costs, taxes and other charges are additional.
Where do I register and bid?
The auction uses bankeauctions.com. Complete registration on bankeauctions.com, upload the bid form, PAN and address proof, EMD details, signed declarations and the section 29A undertaking. Companies/firms need authorisation and constitution documents. Follow the notice’s RTGS payment instructions and 19 November 2026, 6:00 PM IST submission cutoff; a conditional bid may be rejected. BiddingPulse is independent research and accepts no registrations, deposits or bids.
What dues and payment risks does the notice disclose?
The documents place statutory and non-statutory dues, taxes, transfer costs and other property charges on the purchaser. They do not establish a clear-title or zero-dues position; verify the title and all claims with Phoenix. A submitted bid cannot be cancelled or withdrawn. Failure to pay either instalment can forfeit the deposited money. Unsuccessful EMDs are refundable without interest within five working days. Phoenix may reject the highest offer or cancel/postpone the auction.
What property details still need confirmation?
The property is Unit B/507/A on the fifth floor of Mondeal Square, not the entire fifth floor. No unit area or permitted use is established by the inspected tender. The platform files it under Floor; this is a unit, and the category does not establish sanctioned use. Confirm permitted use with Phoenix and the local authority. The notice records physical possession on 24 February 2025.
Does the platform label match the sale documents?
The platform files this as Floor. The sale schedule identifies Unit B/507/A on the fifth floor, not the whole floor; permitted use remains unverified.
What earlier sale evidence is available?
The same lender listed the same Unit B/507/A for an 11 August 2026 auction, with the same ₹2.50 crore reserve and ₹25 lakh EMD. That earlier public listing does not establish a sale result; this page preserves its link.