Flat for Auction Palam Mahavir Enclave New Delhi 40.5 Lakh by Cholamandalam Investment and Finance Company Limited
Palam, Mahavir Enclave, New Delhi
Area: 83.61 sq. mtrs
Unit No. 3-B, Third Floor, H-3/115, Mahavir Enclave, Palam Village, New Delhi - 110045
Cholamandalam Investment And Finance Company Limited · Corporate Office : Chennai
Reserve price
₹40,50,000
EMD ₹4,05,000
Auction date
17 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 83.61 sq. mtrs
- ▸Locality: Palam, Mahavir Enclave
- ▸Reserve: ₹40,50,000
- ▸EMD: ₹4,05,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Palam, Mahavir Enclave |
| Built-up / plot area | 83.61 sq. mtrs |
| Lender | Cholamandalam Investment And Finance Company Limited |
| Branch | Corporate Office : Chennai |
| Unit / flat no. | Unit No. 3-B |
| Building / society | H-3/115 |
| Floor | Third Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | Procure247.com |
About this property
Flat bank auction in Palam, Mahavir Enclave, New Delhi by Cholamandalam Investment And Finance Company Limited — reserve price ₹40,50,000, 83.61 sq. mtrs, Symbolic possession.
Discover a prime residential opportunity at a bank auction! This third-floor flat, Unit No. 3-B, located in the desirable H-3/115, Mahavir Enclave, Palam Village, New Delhi, is now available. Spanning 83.61 sq. mtrs., this property comes with valuable roof rights and access to common staircases and stilt floor parking. Ideal for investors or homebuyers seeking a well-located property in the vibrant Palam area. The e-auction is scheduled for July 17, 2026, with a reserve price of ₹4,050,000 and an EMD of ₹405,000. Don't miss this competitive bidding opportunity for a residential flat for sale in New Delhi.
GeoSquare note: This property is a strong buy given its excellent location in Palam, New Delhi, a well-established residential area. The inclusion of roof rights and stilt floor parking adds significant value. While the possession status is symbolic, indicating potential legal steps required for physical possession, the attractive price range and features make it a compelling investment for those prepared for such a process. The auction details are clear, offering a good opportunity for competitive bidding.
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