Property for Auction in Nangloi Jat, New Delhi, Delhi
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613883
Bank Name:Shubham Housing Development Finance Co Ltd
Branch Name:Udyog Vihar Phase IV< Gurgaon
Reserve Price:₹25,20,720
EMD:₹2,52,072
Auction Time:10:00 AM to 4:00 PM
Service Provider:Public Auction
Submission Date:2025-11-24
Bid Start Date:2025-11-25
This is a land parcel located in the Nangloi Jat area of New Delhi. As part of a SARFAESI auction conducted by Shubham Housing Development Finance Co Ltd, this residential asset presents a unique opportunity for investment or development in a well-established urban locality. The property is being auctioned due to the borrower, Mr Kalak Mahar, defaulting on their financial obligations.
State:Delhi
City:New Delhi
Area:Nangloi Jat
Asset Category:Residential
Full Address:RZD-1, Nihal Vihar, Old Block-E, New Block-RZ-D, H No-843, Block-D Pocket-3, DDA Flats, Bindapur Uttam Nagar, West Police Station West Delhi, Nangloi Jat, New Delhi
Building/Society:Nihal Vihar, Old Block-E, New Block-RZ-D
Size:50 Sq. Yards
Shubham Housing Development Finance Co Ltd is holding a SARFAESI auction for a land parcel in Nangloi Jat, New Delhi. The auction is scheduled for November 25, 2025, commencing at 10:00 AM and concluding at 4:00 PM. The reserve price for this residential land is ₹25,20,720, with an Earnest Money Deposit (EMD) of ₹2,52,072 required to participate. This auction is a legal process to recover dues from the borrower, Mr Kalak Mahar.
Borrower Name:Mr Kalak Mahar
Auction Type:SARFAESI Auction
Guarantor Names:Rekha Mahar
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property, a 50 sq. yard land in Nangloi Jat, Delhi, presents a calculated opportunity given its location and relatively lower reserve price (₹2520720.0). The physical possession status adds confidence, although due diligence is advised regarding local market conditions. With a prime property score of 6.8, this is a moderate risk investment requiring further assessment.
Branch:Branch Office : Udyog Vihar Phase IV< Gurgaon
Service Provider:Public Auction
Contact Details:
Mr. Shyam N Singh
Contact no:7827942258