Property for Auction in Illaqa Shahdara, New Delhi, Delhi
Auction ID:575077
Bank Name:State Bank of India
Branch Name:Stressed Assets Recovery Branch-II,New Delhi
Reserve Price:₹1,12,00,000
EMD:₹11,20,000
Service Provider:BAANKNET
Submission Date:21-09-2025 05:00 PM
Bid Start Date:22-09-2025 11:00 AM
This is a residential flat located in Illaqa Shahdara, New Delhi, offered for auction by the State Bank of India. The property is part of a SARFAESI auction and represents an opportunity to acquire a flat in a well-known area of the capital city. Suitable for residential use, this asset is being auctioned due to loan default by the borrower, Sh Kuldeep Babbar.
State:Delhi
City:New Delhi
Area:Illaqa Shahdara
Asset Category:Residential
State Bank of India presents a SARFAESI auction for a residential flat in Illaqa Shahdara, New Delhi. The auction is scheduled for September 22, 2025, starting at 11:00 AM and concluding at 4:00 PM. The reserve price is set at ₹1,12,00,000, with an Earnest Money Deposit (EMD) of ₹11,20,000 required to participate. This is a direct auction from the bank, providing a chance to bid on a property with a clear title, subject to auction terms and conditions.
Borrower Name:ShKuldeep Babbar
Auction Type:SARFAESI Auction
Contact Persons : Mr. Ranjit Kumar / MGR & CCO-9560026694 / Sudhir Kumar Sinha / CM & CLO-9999139990