Property for Auction in Palam, New Delhi, Delhi
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614163
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹4,14,00,000
EMD:₹41,40,000
Bid Increment:₹50,000
Auction Time:11.00 am to 04.00 pm
Service Provider:BAANKNET
Submission Date:2025-11-26
Bid Start Date:2025-11-26
This is a prime plot of land located in the well-connected area of Palam, New Delhi. Offered by Punjab National Bank through a SARFAESI auction, this residential plot presents a fantastic investment opportunity in the heart of the capital city. Its strategic location ensures excellent connectivity and potential for future development. The property is ideal for those looking to build their dream home or make a strategic real estate investment in a sought-after Delhi locality.
State:Delhi
City:New Delhi
Area:Palam
Asset Category:Residential
Full Address:148, PLOT NO.148, PART OF KHASRA NO. 33/14, MIN, SITUATED WITHIN ABADI OF VILLAGE AMBERHAI, NEW DELHI-110075, Palam, New Delhi
Size:120 sq. yds.
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Palam, New Delhi. The auction has a reserve price of INR 4,14,00,000 and an Earnest Money Deposit (EMD) of INR 41,40,000. This is a unique opportunity to acquire valuable real estate in New Delhi. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 4:00 PM. Interested bidders are advised to review all auction terms and conditions provided by Punjab National Bank.
Borrower Name:M/S Deepak Flour Mill
Auction Type:SARFAESI Auction
Guarantor Names:Mr.Siya Ram Sio Mr Baij Nath, Mr Satya Narain Sio Mr Baij Nath, Mr Satya Narain Sio Mr Baij Nath
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property's location in Delhi and plot size make it a worthwhile investment. However, the price and auction terms require careful consideration. It's a calculated opportunity with decent potential.
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Mr. Subhash Chandra Jatav
Contact no:9121866087