Plot for Auction Palam New Delhi 1.5 Crore by Cholamandalam Investment and Finance Company Limited 15 Jul 2026
Palam, New Delhi
Area: 150 sq. yds.
PORTION OF PLOT NO. RZ-H-705/1, RAJ NAGAR-II, GALI NO. 1, PALAM COLONY, NEW DELHI-110077
Cholamandalam Investment And Finance Company Limited · Corporate Office : Chennai
Reserve price
₹1,53,00,000
EMD ₹15,30,000
Auction date
15 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 150 sq. yds.
- ▸Locality: Palam
- ▸Reserve: ₹1,53,00,000
- ▸EMD: ₹15,30,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Palam |
| Built-up / plot area | 150 sq. yds. |
| Lender | Cholamandalam Investment And Finance Company Limited |
| Branch | Corporate Office : Chennai |
| Unit / flat no. | RZ-H-705/1 |
| Building / society | RAJ NAGAR-II |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | Public Auction |
About this property
Plot bank auction in Palam, New Delhi by Cholamandalam Investment And Finance Company Limited — reserve price ₹1,53,00,000, 150 sq. yds., Symbolic possession.
Discover a valuable bank auction property: a residential plot in the sought-after Raj Nagar-II, Palam Colony, New Delhi. This 150 sq. yds. plot (No. RZ-H-705/1) offers significant investment potential in a well-connected residential area. The e-auction by Cholamandalam Investment And Finance Company Limited has a reserve price of ₹1,53,00,000 with an EMD of ₹1,530,000. The auction is scheduled for July 15, 2026. This plot is an excellent opportunity for prospective homeowners or investors looking for land for sale in New Delhi.
GeoSquare note: This residential plot in Palam, New Delhi, is located in a decent residential colony (Raj Nagar-II), making it a strong buy for potential development. While the possession status is symbolic, which requires careful consideration, the location in a prominent area of Delhi offers good appreciation potential. The reserve price appears competitive for the area. Buyers should focus on due diligence regarding symbolic possession and the 'as is where is' clause.
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