Property for Auction in Najafgarh, New Delhi, Delhi
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
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
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.
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
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Corporate Office : Chennai
Service Provider:Public Auction
Contact Details:
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