Flat for auction Narela New Delhi 6 lakh PIRAMAL CAPITAL AND HOUSING FINANCE LTD

Property for Auction in Narela, New Delhi, Delhi

Recommendation
Calculated OpportunityScore: 6.5
Reserve Price
6,00,000
Reserve Price
6,00,000
EMD Required
60,000
Property Specifications
Society/BuildingNarela Dda Flat
Unit No.19
FloorFourth Floor
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Narela, New Delhi
Auction Date IconAuction Date:
25-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:613238

Bank Name:PIRAMAL CAPITAL AND HOUSING FINANCE LTD

Branch Name:Registered Office : Kurla (West) Mumbai

Reserve Price:6,00,000

EMD:60,000

Auction Time:11.00 A.M. TO 1.00 P.M

Service Provider:Public Auction

Important Dates

Submission Date:2025-11-24

Bid Start Date:2025-11-25

Property Description

This is a residential flat located in Narela, New Delhi, being auctioned by PIRAMAL CAPITAL AND HOUSING FINANCE LTD. The property is part of a SARFAESI auction and was formerly owned by Ram Sarikh. Situated in the bustling city of New Delhi, this flat offers an opportunity for ownership in a well-connected area. Ideal for individuals or families looking for a home in the capital region.

State:Delhi

City:New Delhi

Area:Narela

Asset Category:Residential

Full Address:19, Narela Dda Flat, Flat No-19, Fourth Floor, Pocket-3, Block-C8, Sector-G8, Narela Dda Flat, New Delhi-110040, Narela, New Delhi

Building/Society:Narela Dda Flat

Auction Description

PIRAMAL CAPITAL AND HOUSING FINANCE LTD is conducting a SARFAESI auction for a residential flat in Narela, New Delhi. The auction will take place on November 25, 2025, starting at 11:00 AM and concluding at 01:00 PM. The reserve price for this property is ₹6,00,000, with an Earnest Money Deposit (EMD) of ₹60,000 required. This is a prime opportunity to acquire a property in New Delhi through a transparent bank auction process.

Borrower Name:Ram Sarikh

Auction Type:SARFAESI Auction

Guarantor Names:Rahul Kannojia

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

The property is a residential flat in Narela, Delhi, offered at a relatively low reserve price. While the location may not be prime, the price point and auction terms present a calculated opportunity for potential buyers. Further due diligence is needed to assess the full investment potential.

Contact Details

Branch:Branch Office : Registered Office : Kurla (West) Mumbai

Service Provider:Public Auction

Contact Details:

Contact no: —

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