Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611449
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Corporate Office : Chennai
Reserve Price:₹5,95,00,000
EMD:₹59,50,000
Bid Increment:₹1,00,000
Auction Time:11.00 a.m to 1:00 p.m
Service Provider:Public Auction
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
This is a bank auction for a commercial shop located in Sonipat, Haryana. The property is owned by HARISH KUMAR and is being auctioned by Cholamandalam Investment And Finance Company Limited under the SARFAESI Act. It's a valuable commercial asset in a key area of Sonipat, offering significant business potential. Ideal for investors or businesses looking to establish a presence in a growing market.
State:Haryana
City:Sonipat
Area:Sonipat
Asset Category:Commercial
Full Address:Bahalgarh, Tehsil Sonipat, Bahalgarh, Sonipat
Size:37 sq. yards.
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting an online SARFAESI auction for a commercial shop in Sonipat, Haryana. The auction will take place on November 25, 2025, from 11:00 AM to 01:00 PM. The reserve price is ₹5,95,00,000, with an Earnest Money Deposit (EMD) of ₹59,50,000 required to participate. This is a prime opportunity to acquire commercial real estate in Sonipat.
Borrower Name:HARISH KUMAR
Auction Type:SARFAESI Auction
Guarantor Names:DHARAM CHAND, SHASHI, VEENA KUKREJA, SURINDER KUMAR, SRI OM TEA AND TRADERS'
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial shop in Bahalgarh, Sonipat, with a high reserve price. The location is good, but potential investors should carefully evaluate the price point and conduct due diligence before bidding. This represents a calculated opportunity for those seeking commercial investments.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:Public Auction
Contact Details:
Vasu Patel
Contact no:9510974587
