Representative illustration — Land bank auction in Vivek Vihar
Representative illustration — not the actual property photograph.
Land Residential Symbolic possession Strong Buy

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

PossessionSymbolic
Property typeLand · Residential
LocalityVivek Vihar
Built-up / plot area646.200 sq. mtrs
LenderPunjab National Bank
BranchASSET RECOVERY MANAGEMENT BRANCH
Unit / flat no.B-5
FloorBasement
Auction typeSARFAESI Auction
Service providerBAANKNET

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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