Property for Auction in Shalimar Bhag, New Delhi, Delhi
Recommendation:Strong BuyScore: 7.8
Auction ID:613255
Bank Name:PIRAMAL CAPITAL AND HOUSING FINANCE LTD
Branch Name:Registered Office : Kurla (West) Mumbai
Reserve Price:₹3,59,70,000
EMD:₹35,97,000
Auction Time:11:00 A.M. to 1.00 P.M
Service Provider:Public Auction
Submission Date:2025-11-24
Bid Start Date:2025-11-25
This is a prime land parcel located in the well-established area of Shalimar Bhag, New Delhi. Ideal for residential development, this property offers a significant opportunity in a sought-after locale. Situated in the heart of the capital, Shalimar Bagh is known for its connectivity and amenities, making this land a valuable asset.
State:Delhi
City:New Delhi
Area:Shalimar Bhag
Asset Category:Residential
Full Address:46, Property No. 46, Block - Bg NA Shalimar Bagh East, New Delhi, Shalimar Bagh, New Delhi
Piramal Capital and Housing Finance Ltd. is conducting a SARFAESI auction for a valuable land parcel in Shalimar Bhag, New Delhi. The reserve price is set at ₹3,59,70,000 with an Earnest Money Deposit (EMD) of ₹35,97,000. This is a unique opportunity to acquire residential land in a prime Delhi location. The auction will take place on November 25, 2025, from 11:00 AM to 01:00 PM.
Borrower Name:Surinder Kumar Jain
Auction Type:SARFAESI Auction
Encumbrance Details:Not Known to Bank
The land's location in Shalimar Bagh, a well-established area of New Delhi, makes it a desirable investment. Given the reserve price and the growing real estate market in Delhi, this property offers a strong opportunity for value appreciation. Auction terms appear standard, making this a potentially lucrative acquisition.
Branch:Branch Office : Registered Office : Kurla (West) Mumbai
Service Provider:Public Auction
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