Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613879
Bank Name:Shubham Housing Development Finance Co Ltd
Branch Name:Udyog Vihar Phase IV< Gurgaon
Reserve Price:₹15,84,000
EMD:₹1,58,400
Auction Time:10:00 AM to 4:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-08
Bid Start Date:2025-12-09
Property Description
This is a residential flat located in Palam, New Delhi, being auctioned by Shubham Housing Development Finance Co Ltd. The property is offered under the SARFAESI Act. It presents an opportunity to acquire a flat in a well-known area of New Delhi.
State:Delhi
City:New Delhi
Area:Palam
Asset Category:Residential
Full Address:Wz-927, Wz-927-F, Street No.14 A/3 Sadh Nagar Palam Village South West Delhi, Palam, Delhi
Size:450 Sq.ft
Auction Description
Shubham Housing Development Finance Co Ltd is conducting a SARFAESI auction for a residential flat in Palam, New Delhi. The auction is scheduled for December 9, 2025, starting at 10:00 AM and concluding at 4:00 PM on the same day. The reserve price for this property is ₹15,84,000, with an Earnest Money Deposit (EMD) of ₹1,58,400 required to participate. This is a significant opportunity for potential buyers looking to invest in real estate in New Delhi.
Borrower Name:Mr Anu Kumari
Auction Type:SARFAESI Auction
Guarantor Names:Anil Kumar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This property in Palam, Delhi, presents a calculated opportunity due to its reasonable reserve price relative to the area. While the location is not prime, the residential flat with roof rights could offer decent returns. Further due diligence is required to assess the overall investment potential.
Contact Details
Branch:Branch Office : Udyog Vihar Phase IV< Gurgaon
Service Provider:Public Auction
Contact Details:
N Singh
Contact no:7827942258
