Land for auction 7 New Delhi, Palam, New Delhi by Canara Bank

This auction features a plot of land located in the Palam area of New Delhi, Delhi. The property is categorized as residential and is being auctioned by Canara Bank under SARFAESI regulations. It represents a significant real estate opportunity in the bustling capital city. The borrower associated with this asset is M/S Friends Traders. Interested buyers should conduct their own due diligence regarding land usage, zoning, and any encumbrances before participating in the auction.

Canara Bank invites bids for a SARFAESI auction of valuable land in Palam, New Delhi. The auction will take place on August 20, 2025, from 11:30 AM to 12:30 PM. The reserve price is set at ₹12,635,000, with an Earnest Money Deposit (EMD) of ₹1,263,500 required to participate. This is a prime opportunity to acquire land in a sought-after Delhi location. All interested parties are encouraged to review the auction terms and conditions provided by Canara Bank.