Property for Auction in Pitampura, New Delhi, Delhi
Auction ID:554089
Bank Name:Punjab National Bank
Branch Name:SAMB CHANDIGARH
Reserve Price:₹7,15,50,000
EMD:₹71,55,000
Service Provider:BAANKNET
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 11:00 AM
This is a commercial office property located in Pitampura, New Delhi, offered for sale by Punjab National Bank through a SARFAESI auction. Situated in a key commercial hub, the property presents an excellent opportunity for businesses seeking a strategic presence in the capital city. Pitampura is known for its vibrant commercial activity and accessibility, making this an attractive investment for entrepreneurs and established companies alike. The specifics of the office space, such as area and amenities, will be detailed in the auction notice. This property is ideal for those looking to own a commercial space in a sought-after New Delhi location.
State:Delhi
City:New Delhi
Area:Pitampura
Asset Category:Commercial
Punjab National Bank is holding a SARFAESI auction for a commercial office in Pitampura, New Delhi. This is a prime opportunity to acquire a commercial asset in a well-established area. The property is being auctioned due to loan default by M/s Pytex Jewellers. The auction will take place on 29th August 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price is set at ₹7,15,50,000, with an Earnest Money Deposit (EMD) of ₹71,55,000 required to participate. Don't miss this chance to invest in a strategic commercial location.
Borrower Name:M/s Pytex Jewellers
Auction Type:SARFAESI Auction
SHRI N. P. SINGH : 8872042230