Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:611182
Bank Name:Punjab National Bank
Branch Name:New Delhi
Reserve Price:₹10,00,000
EMD:₹1,00,000
Service Provider:BAANKNET
Important Dates
Submission Date:12-11-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
This is a SARFAESI auction conducted by Punjab National Bank for a prime piece of land located in Narela, New Delhi. Situated in the bustling city of New Delhi, this residential land parcel offers a significant investment opportunity. The borrower associated with this asset is Mrs. Mamta Devi. The auction is a prime chance to acquire land in a developing area of the capital city.
State:Delhi
City:New Delhi
Area:Narela
Asset Category:Residential
Full Address:81, Janta Flat, Flat No 81, 1st Floor, Janta Flat, pkt-3, Sector-B-4, Narela, Delhi 110040, Narela, Delhi
Building/Society:Janta Flat
Size:18.00 sq. mtrs
Auction Description
Punjab National Bank invites bids for the auction of residential land in Narela, New Delhi, under the SARFAESI Act. The auction will commence on December 5, 2025, at 10:00 AM and conclude at 12:00 PM on the same day. The reserve price is set at ₹10,00,000, with an Earnest Money Deposit (EMD) of ₹1,00,000 required to participate. This is a timed online auction event.
Borrower Name:Mrs. Mamta Devi
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a small flat in Narela, Delhi, is offered at a relatively low reserve price, presenting an opportunity. However, its small size and location may limit its investment appeal. A calculated approach is recommended, considering the potential for rental income or future appreciation.
Contact Details
Branch:Branch Office : New Delhi
Service Provider:BAANKNET
Contact Details:
Authorized Officer Punjab National Bank
Contact no: —
