Representative illustration — Land And Building bank auction in Illaqa Shahdara
Representative illustration — not the actual property photograph.
Land And Building Residential Physical possession Fair Option

Land and Building for Auction Illaqa Shahdara New Delhi 1.4 Crore by South Indian Bank 04 Jun 2026

Illaqa Shahdara, New Delhi

Area: 50 sq. yards

Gaur Nanak Gali, Gandhi Nagar, Village Seelampur, Illaqa Shahdara, Delhi 110 031

South Indian Bank · Regional Office : New Delhi

Reserve price

₹1,44,50,000

EMD ₹14,45,000

Auction date

04 Jun 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 50 sq. yards
  • Locality: Illaqa Shahdara
  • Reserve: ₹1,44,50,000
  • EMD: ₹14,45,000

Auction snapshot

PossessionPhysical
Property typeLand And Building · Residential
LocalityIllaqa Shahdara
Built-up / plot area50 sq. yards
LenderSouth Indian Bank
BranchRegional Office : New Delhi
Unit / flat no.MPL 783/18-A/5 (old), New No. IX/7172
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerbankauctions.in

About this property

Land And Building bank auction in Illaqa Shahdara, New Delhi by South Indian Bank — reserve price ₹1,44,50,000, 50 sq. yards, Physical possession.

Seize this opportunity to own a residential land and building in Illaqa Shahdara, Delhi, through a bank auction. This property, measuring 50 square yards, is located in Gaur Nanak Gali, Gandhi Nagar, offering excellent connectivity and neighborhood amenities. The South Indian Bank is conducting the e-auction on 2026-06-04, with a reserve price of ₹14,450,000 and an EMD of ₹1,445,000. Don't miss out on this bank auction property – a solid investment in a prime location. Contact us now!

GeoSquare note: The property is a residential land and building in a Delhi location, which could be a decent investment. However, the physical possession and the presence of known encumbrances up to 2022 might require careful consideration. The reserve price is relatively high, suggesting a need for thorough due diligence.

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