Shop for auction 1 East Patel Nagar, Patel, New Delhi by Indian Overseas Bank

Property for Auction in Patel Nagar, New Delhi, Delhi

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Patel Nagar, New Delhi
Auction Date IconAuction Date:
30-03-2025 11:00 AM

Auction Details

Auction ID:461640

Bank Name:Indian Overseas Bank

Branch Name:Asset Recovery Management Branch

Reserve Price:82,00,000

EMD:8,20,000

Service Provider:BAANKNET

Important Dates

Submission Date:29-03-2025 05:00 PM

Bid Start Date:30-03-2025 11:00 AM

Property Description

The property is a commercial property situated in Patel Nagar, New Delhi. It is described as shop No.1, East Patel Nagar, New Delhi, with an area of 250 square feet. The boundaries are: North: Remaining part of the property no.13/5, then Road; South: Property no. 13/14; East: Remaining part of the said property no.13/5 then service lane; West: Road.

State:Delhi

City:New Delhi

Area:Patel Nagar

Asset Category:Commercial

Auction Description

This is a SARFAESI auction by Indian Overseas Bank for a commercial property located at 13/5 (combined shop-1A and 18 250 Square feet) shop No.1, East Patel Nagar, New Delhi. The property is equitably mortgaged and owned by Mr. Vinay Girdhar. The auction will take place on March 30, 2025, from 11:00 AM to 01:00 PM. The reserve price is ₹8,200,000 and the EMD is ₹820,000. For inquiries, contact the Asset Recovery Management Branch at 011-25758124 or [email protected].

Borrower Name:M/s Frontline Retail India Private Limite

Auction Type:SARFAESI Auction

Contact Details

Contact Phone: -011-25758124, Email: [email protected]

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