Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:613223
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹1,40,00,000
EMD:₹14,00,000
Bid Increment:₹1,00,000
Auction Time:11:00 am to 04:00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a commercial property located in the prime area of Dwarka, New Delhi, being auctioned by Punjab National Bank. The property is available for sale under the SARFAESI Act. It presents a significant investment opportunity in a well-connected and developing part of the capital city.
State:Delhi
City:New Delhi
Area:Dwarka
Asset Category:Commercial
Full Address:903 & 903A, Hotel Radisson Blu, Commercial complex & Hotel Radisson Blu on Plot No.4, Dwarka City Centre, Sector-13, Dwarka New Delhi-110078, Dwarka, New Delhi
Building/Society:Hotel Radisson Blu
Size:68.56 sq mtrs
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a commercial property in Dwarka, New Delhi. The auction will take place on November 26, 2025, from 11:00 AM to 04:00 PM. The reserve price for this auction is ₹1,40,00,000, with an Earnest Money Deposit (EMD) of ₹14,00,000. This is a unique opportunity to acquire a commercial asset in a sought-after location.
Borrower Name:M/s KYK TRADERS
Auction Type:SARFAESI Auction
Guarantor Names:Shiv Charan S/o Bishember Dayal, Anil Goyal
Legal Details
Possession Status:Physical
Encumbrance Details:The subject property has maintenance and other charges of more than Rs. 1 Crore in the form of dues of the hotel.
Why This Property
Located within the Radisson Blu complex in Dwarka, a prime commercial area, this service apartment offers good investment potential. The reserve price of ₹14000000.0 reflects the property's value and location. However, potential bidders should consider the encumbrance details regarding hotel dues.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Rajesh Kumar
Contact no:8451880664
