Land for Auction Subhash Nagar New Delhi 58.1 Lakh by Indian Overseas Bank
Subhash Nagar, New Delhi
Second Floor of property bearing no. 2/412, row no. 14/4, Tehar No. 1, Subhash Nagar, New Delhi
Indian Overseas Bank · RAJIV CIRCLE BRANCH
Reserve price
₹58,10,000
EMD ₹5,81,000
Auction date
23 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Subhash Nagar
- ▸Reserve: ₹58,10,000
- ▸EMD: ₹5,81,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Subhash Nagar |
| Lender | Indian Overseas Bank |
| Branch | RAJIV CIRCLE BRANCH |
| Unit / flat no. | No. 2/412, row no. 14/4, Tehar No. 1 |
| Floor | Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Subhash Nagar, New Delhi by Indian Overseas Bank — reserve price ₹58,10,000, Symbolic possession.
Discover a prime opportunity with this bank auction for a Second Floor residential flat located in the sought-after Subhash Nagar, New Delhi. Offered by Indian Overseas Bank, this property, bearing no. 2/412, row no. 14/4, Tehar No. 1, is available at a competitive reserve price of ₹5,810,000. With an EMD of ₹581,000 and a bid increment of ₹10,000, this bank auction property presents a valuable investment. The e-auction is scheduled for July 23, 2026, from 11:00 AM to 04:00 PM. Property inspection is available on July 10, 2026, from 11:00 AM to 05:00 PM. This residential flat for sale in New Delhi offers significant potential for homebuyers or investors.
GeoSquare note: This Second Floor residential flat in Subhash Nagar, New Delhi, offers a good investment opportunity due to its location in a metropolitan city. The reserve price of ₹5,810,000 is reasonable for the area. While the possession status is symbolic, which carries a slight risk, the property is a residential unit in a well-established locality. Encumbrances are not known to the bank, adding to its appeal for potential buyers.
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