Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:613229
Bank Name:Bank of India
Branch Name:Zonal Office : New Delhi
Reserve Price:₹49,50,000
EMD:₹4,95,000
Bid Increment:₹25,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
This is a residential flat located in Hari Nagar, New Delhi, being auctioned by the Bank of India. The property is part of a SARFAESI auction. Mrs. Seema Chaudhary is the borrower. The property is situated in a well-known area of Delhi, offering a great opportunity for homeownership or investment.
State:Delhi
City:New Delhi
Area:Hari Nagar
Asset Category:Residential
Full Address:BE-40D, BE-40D, BE-Block, Hari Nagar, clock Tower, New Delhi-110064, Hari Nagar, New Delhi
Size:67 square yards
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential flat in Hari Nagar, New Delhi. The auction will commence on November 25, 2025, at 11:00 AM and conclude on the same day at 05:00 PM. The reserve price for this property is INR 49,50,000, with an Earnest Money Deposit (EMD) of INR 4,95,000. This is a prime opportunity to acquire a property in the heart of New Delhi.
Borrower Name:Mrs. Seema Chaudhary
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Hari Nagar, a well-established area in Delhi, combined with a reasonable reserve price, makes it a strong investment. While it is a symbolic possession, the property's potential for appreciation and rental income justifies a 'Strong Buy' recommendation.
Contact Details
Branch:Branch Office : Zonal Office : New Delhi
Service Provider:BAANKNET
Contact Details:
Mr. Puneet Gupta
Contact no:9086086355
