Commercial Building for Auction Minar Gate Chowk New Delhi 1.8 Crore by Indian Overseas Bank
Minar Gate Chowk, New Delhi
Area: 85 sq. yds
Shop M/s KC Metal, Opp M/s Gopi & SONS, Near Minar Gate Chowk, New Delhi
Indian Overseas Bank · Asset Recovery Management Branch
Reserve price
₹1,79,00,000
EMD ₹17,90,000
Auction date
17 Aug 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 85 sq. yds
- ▸Locality: Minar Gate Chowk
- ▸Reserve: ₹1,79,00,000
- ▸EMD: ₹17,90,000
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Building · Commercial |
| Locality | Minar Gate Chowk |
| Built-up / plot area | 85 sq. yds |
| Lender | Indian Overseas Bank |
| Branch | Asset Recovery Management Branch |
| Unit / flat no. | Shop M/s KC Metal |
| Building / society | Opp M/s Gopi & SONS |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | Public Auction |
About this property
Commercial Building bank auction in Minar Gate Chowk, New Delhi by Indian Overseas Bank — reserve price ₹1,79,00,000, 85 sq. yds, Symbolic possession.
Explore this prime commercial shop for sale in New Delhi, situated near Minar Gate Chowk, opposite Gopi & Sons. This bank auction property, managed by Indian Overseas Bank, offers an excellent investment opportunity with an area of 85 sq. yds. The property is currently under symbolic possession. Interested buyers can participate in the upcoming e-auction scheduled for August 17, 2026. This commercial space is strategically located, making it ideal for retail or business ventures. With a reserve price of ₹1,79,00,000 and an EMD of ₹17,90,000, this is a significant opportunity for investors looking for high-visibility commercial real estate in Delhi. Ensure to submit your application by August 16, 2026, and inspect the property on August 1, 2026.
GeoSquare note: This property is a strong investment option due to its prominent location near Minar Gate Chowk, which provides excellent business visibility. While the current possession status is symbolic, the attractive reserve price for a commercial shop in New Delhi makes it a compelling choice for investors. Potential buyers should perform due diligence regarding legal clearances before the auction date.
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