Land for auction Najafgarh New Delhi 5 Cr Punjab National Bank

This offering presents a unique opportunity to acquire a parcel of land located in the rapidly developing area of Najafgarh, New Delhi. As an asset categorized for residential use, this land holds significant potential for future development or investment. Situated in the bustling capital city, it benefits from the extensive infrastructure and economic activity of New Delhi. The property is being auctioned by Punjab National Bank under the SARFAESI Act, presenting a transparent and regulated sale process. This is a prime chance to secure a valuable piece of real estate in a sought-after location.

Punjab National Bank is conducting a SARFAESI auction for a valuable land parcel in Najafgarh, New Delhi. The auction will commence on October 29, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price for this prime residential land is set at INR 5,38,50,000, with an Earnest Money Deposit (EMD) of INR 53,85,000 required to participate. This auction provides a direct opportunity to acquire a significant asset previously belonging to M/S Sharma Store. Interested bidders are advised to review all auction terms and conditions carefully before participating.