Land for Auction Vivek Vihar New Delhi 4.2 Crore by Punjab National Bank
Vivek Vihar, New Delhi
Area: 646.200 sq. mtrs
B-5, Vivek Vihar, Delhi
Punjab National Bank · ASSET RECOVERY MANAGEMENT BRANCH
Reserve price
₹4,15,00,000
EMD ₹41,50,000
Auction date
17 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 646.200 sq. mtrs
- ▸Locality: Vivek Vihar
- ▸Reserve: ₹4,15,00,000
- ▸EMD: ₹41,50,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Vivek Vihar |
| Built-up / plot area | 646.200 sq. mtrs |
| Lender | Punjab National Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH |
| Unit / flat no. | B-5 |
| Floor | Basement |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land bank auction in Vivek Vihar, New Delhi by Punjab National Bank — reserve price ₹4,15,00,000, 646.200 sq. mtrs, Symbolic possession.
Discover an exceptional opportunity to acquire a spacious residential plot with a basement structure in the prime locality of Vivek Vihar, Delhi, through a Punjab National Bank e-auction. This property, located at B-5, Vivek Vihar, offers an extensive plot area of 646.200 sq meters, with a plinth/covered area of 358.692 sq meters for the basement. Ideal for investment or personal use, this bank auction property presents significant potential in a sought-after residential area. The e-auction is scheduled for July 17, 2024, from 11:00 AM to 04:00 PM, with a reserve price of ₹41,500,000.00 and an EMD of ₹4,150,000.00. Property inspection dates are available from July 09, 2024, to July 15, 2024. Don't miss this chance to own a valuable residential plot with a basement in East Delhi.
GeoSquare note: This residential plot with a basement structure in Vivek Vihar, Delhi, presents a strong investment opportunity due to its prime location and substantial plot area of 646.200 sq meters. While the reserve price of ₹41,500,000.00 is significant, it reflects the property's value in a desirable Delhi neighborhood. The symbolic possession status indicates potential legal processes post-auction, requiring careful consideration, but the overall potential for appreciation makes it a strong buy.
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