Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:613222
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹56,00,000
EMD:₹5,60,000
Bid Increment:₹1,00,000
Auction Time:11:00 am to 04:00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a residential plot located in the prime area of Hauz Khas, New Delhi. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It presents a unique opportunity for real estate investment in a well-established and sought-after locality within the capital city. The plot is situated in a developed neighborhood, offering potential for construction or future development.
State:Delhi
City:New Delhi
Area:Hauz Khas
Asset Category:Residential
Full Address:Municipal No. 67, Khasra No. 358, Hauz Khas, New Delhi
Size:140 Sq Yards
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a residential plot in Hauz Khas, New Delhi. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this plot is INR 56,00,000, with an Earnest Money Deposit (EMD) of INR 5,60,000 required to participate. This is a significant opportunity to acquire property in a desirable Delhi location.
Borrower Name:M/s Dev Blenders
Auction Type:SARFAESI Auction
Guarantor Names:Ruma Dutta W/o Sanjay Dutta
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in a well-established locality (Hauz Khas, New Delhi), making it a valuable asset. The reserve price is reasonable for the location, and the clear auction terms enhance its investment appeal. Given these factors, it's a strong buy recommendation.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Rajesh Kumar
Contact no:8451880664
