Plot for auction Najafgarh New Delhi 12 Cr CIFCL

Property for Auction in Najafgarh, New Delhi, Delhi

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
770 sq. yds.
Reserve Price
11,50,00,000
Reserve Price
11,50,00,000
EMD Required
1,15,00,000
Property Specifications
Size770 sq. yds.
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Najafgarh, New Delhi
Auction Date IconAuction Date:
09-12-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609743

Bank Name:Cholamandalam Investment And Finance Company Limited

Branch Name:Corporate Office : Chennai

Reserve Price:11,50,00,000

EMD:1,15,00,000

Bid Increment:10,00,000

Auction Time:11.00 a.m to 1:00 p.m

Service Provider:Public Auction

Important Dates

Submission Date:08-12-2025 05:00 PM

Bid Start Date:2025-12-09

Property Description

This is a prime residential plot located in the developing area of Najafgarh, New Delhi. The property is being auctioned by Cholamandalam Investment And Finance Company Limited. Situated in the capital city, this plot offers a great opportunity for residential development. Its location in Najafgarh provides access to the city's infrastructure and amenities, making it a desirable acquisition for investors and future homeowners.

State:Delhi

City:New Delhi

Area:Najafgarh

Asset Category:Residential

Full Address:Revenue Estate of Village Najafgarh, New Delhi 43, Najafgarh, New Delhi

Size:770 sq. yds.

Auction Description

Cholamandalam Investment And Finance Company Limited presents a SARFAESI auction for a residential plot in Najafgarh, New Delhi. The auction will commence on December 9, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this asset is ₹11,50,00,000, with an Earnest Money Deposit (EMD) of ₹1,15,00,000 required. This is a unique opportunity to acquire a valuable plot of land in a growing part of New Delhi.

Borrower Name:KAMLESH SHOKEEN

Auction Type:SARFAESI Auction

Guarantor Names:JAGBIR SINGH, ANITA SHOKEEN, SANDEEP SHOKEEN, SHOKEEN FILLING STATION, SURYA GAS AGENCY

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property is a plot of land in Najafgarh, a developing area of New Delhi. The reserve price is high, and the property is encumbered by existing leases, suggesting a calculated risk. Further due diligence is recommended to assess the investment's true potential.

Contact Details

Branch:Branch Office : Corporate Office : Chennai

Service Provider:Public Auction

Contact Details:

Contact no: —

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