Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612233
Bank Name:Punjab & Sind Bank
Branch Name:Delhi Zone - I
Reserve Price:₹45,00,000
EMD:₹4,50,000
Bid Increment:₹50,000
Auction Time:12:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This is a prime piece of land located in the well-established area of Shahdara, New Delhi. The property is being auctioned by Punjab & Sind Bank as part of a SARFAESI action. It is categorized as residential land, offering significant potential for development or investment in a sought-after urban location.
State:Delhi
City:New Delhi
Area:Shahdara
Asset Category:Residential
Full Address:1/3672, Property Bearing No. 1/3672, Land Measuring 115 sq. yds., i.e, 96. 15 sq. mtrs Out of Khasra No. 584, situated at in the area of Village Sikdarpur, in Abadi of Ram Nagar Extension, Loni Road, Post Office Wali Gali No. 2, Illaqa, Shahdara, New Delhi
Size:115 sq. yds.
Auction Description
Punjab & Sind Bank is conducting a SARFAESI auction for a residential land parcel in Shahdara, New Delhi. The auction has a reserve price of INR 45,00,000 and requires an EMD of INR 4,50,000. Bidders should note the auction will take place on 26-11-2025, commencing at 12:00 PM and concluding at 4:00 PM. This is a public auction, and interested parties are encouraged to review all terms and conditions.
Borrower Name:Smt. Amreshwati
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Praveen Kumar, Sh. Kanhai Lal
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in Shahdara, Delhi, offered at a reasonable reserve price. While the location offers potential, the 'as is where is' basis requires careful due diligence. This makes it a calculated opportunity rather than a straightforward investment.
Contact Details
Branch:Branch Office : Delhi Zone - I
Service Provider:BAANKNET
Contact Details:
Sh. Prithvi Raj
Contact no:8094333353
