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Who we are!

We Work for Your Incredible Success

We Are BRIGHTWELL ARC PRIVATE LIMITED is a premier property consultancy firm working with reputed builders and investors. We specialize in auctioned properties, ensuring legal compliance and maximum returns on investment.



Complete Guide to Bank Auction Process

Step-by-step guidance on why properties are auctioned and how you can participate safely in the bank auction process.

Why Property is Auctioned?

A property is auctioned when the borrower defaults on loan payments (usually 3 consecutive EMIs). The bank issues a 60-day notice to clear dues or respond. If the borrower fails to repay or justify, the bank can legally auction the property after an additional 30 days.

Step 1

Search Auction Property via banks, newspapers, or Brightwell ARC.

Step 2

Check property details, disputes & dues. Hire lawyer if needed.

Step 3

Inspect property physically. Prefer physical possession.

Step 4

Submit bid form with KYC docs & EMD. Ensure completeness.

Step 5

Participate in online/offline bidding. Place multiple bids.

Step 6

On auction date, pay 25% within 24 hrs & balance in 15–30 days.

Step 7

Get Sale Certificate after full payment. Ownership pending.

Step 8

Register sale certificate at sub-registrar office for ownership.

Important Points

  • ✔️ Auction scheduled after 30 days of notice. Defaulter can stop it by repayment.
  • ✔️ Failure to pay after winning leads to forfeiture of deposited money.
  • ✔️ PSU bank properties are generally cheaper than private banks.
  • ✔️ Avoid overbidding—always check current market value first.