Plot for Auction Paharganj New Delhi 2.1 Crore by Punjab National Bank

Quick read

• ▸Possession: Symbolic
• ▸Area: 63.2 sq. mtrs.
• ▸Locality: Paharganj
• ▸Reserve: ₹2,14,20,000
• ▸EMD: ₹21,50,000

About this property

Plot bank auction in Paharganj, New Delhi by Punjab National Bank — reserve price ₹2,14,20,000, 63.2 sq. mtrs., Symbolic possession.

Discover a promising bank auction property in the heart of New Delhi. Punjab National Bank presents an e-auction for a residential flat located on the entire first floor of Property No-XV/563/354 in Gali Chandi Wali, Mantola, Paharganj. This three-room set covers an area of 63.20 sq. mtrs., offering a significant investment opportunity in a well-established locality. The property comes with proportionate share in the land and common rights for entrance, passage, and staircase. With a reserve price of ₹2,14,20,000 and an EMD of ₹21,50,000, this property is ideal for homebuyers or investors looking for a residential flat for sale in New Delhi. The e-auction is scheduled for July 17, 2024. Don't miss this chance to acquire a valuable asset through a transparent bank auction process.

GeoSquare note: This residential flat in Paharganj, New Delhi, offers a fair investment opportunity due to its central location and established neighborhood. The property is a 3-room set on the first floor with a size of 63.20 sq. mtrs., making it suitable for residential use. While the reserve price of ₹2.14 Crores is substantial, the symbolic possession status and 'Not Known to Bank' encumbrance require due diligence from potential buyers, placing it as a fair option rather than a prime investment without further checks.