Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611229
Bank Name:GIC Housing Finance Ltd.
Branch Name:GURGAON BRANCH AREA OFFICE
Reserve Price:₹9,14,166
EMD:₹91,416
Bid Increment:₹10,000
Auction Time:03:00 PM to 04:00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
This is a SARFAESI auction for a residential Land and Building located in Mirzapur, New Delhi, offered by GIC Housing Finance Ltd. The property is owned by borrower Prem Kumar. The auction presents an opportunity to acquire a land and building asset in a well-known area of the capital city.
State:Delhi
City:New Delhi
Area:Mirzapur
Asset Category:Residential
Full Address:Rz-1-87-A, Mahavir Enclave, Rz-1-87-A, Third Floor, Back, Plot No: Rz-1-87-A, Mahavir Enclave, Som Bazar Road Road, Palam Village, Mirzapur, New Delhi
Building/Society:Mahavir Enclave
Size:400 Sq Ft
Auction Description
GIC Housing Finance Ltd. is conducting a SARFAESI auction for a residential property in Mirzapur, New Delhi. The auction will take place on November 19, 2025, from 3:00 PM to 4:00 PM. The reserve price for this land and building property is INR 914,166.00, with an Earnest Money Deposit (EMD) of INR 91,416.00 required to participate.
Borrower Name:PREM KUMAR
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in Mirzapur, New Delhi, offered at a relatively moderate reserve price. While the location is decent, the auction terms require careful consideration. It presents a calculated opportunity for those familiar with the local market.
Contact Details
Branch:Branch Office : GURGAON BRANCH AREA OFFICE
Service Provider:Auctionbazaar
Contact Details:
MOHD. ALI MURTUZA
Contact no:8769054480
