Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612184
Bank Name:The Kangra Co-operative bank ltd
Branch Name:New delhi
Reserve Price:₹4,25,000
EMD:₹42,500
Bid Increment:₹5,000
Auction Time:03:00 p.m. To 5:00 p.m.
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-12-10
Bid Start Date:2025-12-12
Property Description
This is a vehicle auction for a car located in Janakpuri, New Delhi, presented by The Kangra Co-operative Bank Ltd. The auction falls under SARFAESI regulations and is for a vehicle previously owned by Sh. Kawaljeet Singh. This is a great opportunity to acquire a vehicle through a bank auction process.
State:Delhi
City:New Delhi
Area:Janakpuri
Asset Category:Vehicle Auctions
Full Address:Janakpuri, New Delhi, Delhi, Janakpuri, New Delhi
Auction Description
The Kangra Co-operative Bank Ltd is conducting an online SARFAESI auction for a car in Janakpuri, New Delhi. The auction will be held on December 12, 2025, starting at 03:00 PM and concluding at 05:00 PM. The reserve price for this auction is INR 4,25,000, with an Earnest Money Deposit (EMD) of INR 42,500. Interested bidders should ensure they meet all auction requirements prior to participation.
Borrower Name:Sh. Kawaljeet Singh
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Ramesh Kumar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The Maruti Ertiga represents a reasonable opportunity in the used car market. Located in Delhi, it offers practical transportation at a relatively accessible reserve price. However, potential buyers should carefully inspect the vehicle and factor in the auction terms before bidding.
Contact Details
Branch:Branch Office : New delhi
Service Provider:drt.auctiontiger.net
Contact Details:
Harish Sharma
Contact no:9013568418
