Property for Auction in Chawari Bazar,, New Delhi, Delhi
Auction ID:549219
Bank Name:Union Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹14,50,00,000
EMD:₹1,45,00,000
Service Provider:BAANKNET
Submission Date:13-08-2025 05:00 PM
Bid Start Date:14-08-2025 12:00 PM
A significant parcel of land situated in Chawri Bazar, New Delhi, offered by Union Bank of India through a SARFAESI auction. This asset is located in a historically and commercially important district, known for its high footfall and connectivity. The property presents an excellent canvas for development, suitable for commercial, residential, or mixed-use projects, aligning with the dynamic urban landscape of the capital. Its strategic location in New Delhi provides immense potential for value appreciation and business growth.
State:Delhi
City:New Delhi
Area:Chawari Bazar,
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for a prime plot of land located in the bustling Chawri Bazar area of New Delhi. The auction will be held on August 14, 2025, from 12:00 PM to 5:00 PM. This is a unique opportunity to acquire a valuable asset in a highly sought-after commercial and residential hub. The reserve price is set at INR 14,50,00,000, with an Earnest Money Deposit (EMD) of INR 1,45,00,000 required to participate. Ideal for developers or investors looking to capitalize on the vibrant market of New Delhi.
Borrower Name:Vedika Nut Craft Private Limited
Auction Type:SARFAESI Auction
Contact Authorised Officer Mr. Sachin Agrawal, Contact No. 7895936976.