Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613227
Bank Name:Bank of India
Branch Name:Zonal Office : New Delhi
Reserve Price:₹20,02,000
EMD:₹2,00,200
Bid Increment:₹10,000
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
A residential flat located in the Mahipalpur area of New Delhi, being auctioned by the Bank of India. This property is ideal for individuals or families looking to own a home in the capital city. Its strategic location offers convenient access to various amenities and transportation networks.
State:Delhi
City:New Delhi
Area:MAHIPALPUR
Asset Category:Residential
Full Address:112, Flat No 112, 3rd Floor, Part of Property bearing No. K-445 (out of Khasra No 765), Gali No. 12, Village Mahipalpur, New Delhi-110037, MAHIPALPUR, New Delhi
Size:52.49 Sq. Mtr.
Auction Description
This is a SARFAESI auction conducted by the Bank of India for a residential flat in Mahipalpur, New Delhi. The reserve price for this auction is ₹20,02,000.00, with an Earnest Money Deposit (EMD) of ₹2,00,200.00 required to participate. The auction will be held on November 25, 2025, starting at 11:00 AM and concluding at 05:00 PM on the same day. This is a prime opportunity to acquire a property through a transparent bank auction process.
Borrower Name:Mrs. Uma Sharma
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Vinod Sharma
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a developing location, offering a calculated investment opportunity. The reserve price seems fair for the area, and the auction terms are standard. However, potential investors should assess the property's condition and local market trends before bidding.
Contact Details
Branch:Branch Office : Zonal Office : New Delhi
Service Provider:BAANKNET
Contact Details:
Mr. Yogendra Singh Pankholi
Contact no:9654991782
