Property for Auction in Shakarpur, New Delhi, Delhi
Auction ID:549841
Bank Name:Canara Bank
Branch Name:NEW DELHI Regional Office
Reserve Price:₹55,57,000
EMD:₹5,55,700
Service Provider:BAANKNET
Submission Date:18-08-2025 05:00 PM
Bid Start Date:19-08-2025 11:30 AM
The property is a residential flat located in Shakarpur, New Delhi. Situated in a prominent area, Shakarpur offers good connectivity and access to essential amenities. As a residential flat, it is suitable for individual or family living. Further details regarding the size, specific location within Shakarpur, and condition of the flat will be available in the detailed auction notice. This property is being auctioned by Canara Bank under the SARFAESI Act.
State:Delhi
City:New Delhi
Area:Shakarpur
Asset Category:Residential
This is a SARFAESI auction conducted by Canara Bank for a residential flat in Shakarpur, New Delhi. The auction starts on August 19, 2025, at 11:30 AM and concludes at 12:30 PM on the same day. The reserve price for this property is INR 5,557,000, with an Earnest Money Deposit (EMD) of INR 555,700 required to participate. The property is being auctioned due to the borrower, M/S Friends Traders, defaulting on their loan. This presents a potential opportunity for buyers seeking a property in a well-established area of New Delhi.
Borrower Name:M/S Friends Traders
Auction Type:SARFAESI Auction
Contact:- 95600 62365/ 7055924444