Shop for Auction Gandhi Nagar Seelampur Illaqa Shahdara New Delhi 59 Lakh by Fedbank Financial Services Ltd
Gandhi Nagar, Seelampur, Illaqa Shahdara, New Delhi
Area: 26.91 sq. yards
Built up Property No 542(Old) & New No IX/6310, Plot Nos 60-61, Abadi Main Road, Gandhi Nagar, Village Seelampur, Illaqa Shahdara, Delhi-110031.
Fedbank Financial Services Ltd · Registered Office:Mumbai
Reserve price
₹59,00,000
EMD ₹5,90,000
Auction date
11 Aug 2026, 10:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 26.91 sq. yards
- ▸Locality: Gandhi Nagar, Seelampur, Illaqa Shahdara
- ▸Reserve: ₹59,00,000
- ▸EMD: ₹5,90,000
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Shop · Commercial |
| Locality | Gandhi Nagar, Seelampur, Illaqa Shahdara |
| Built-up / plot area | 26.91 sq. yards |
| Lender | Fedbank Financial Services Ltd |
| Branch | Registered Office:Mumbai |
| Unit / flat no. | Shop No. IX/6310 |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | Public Auction |
About this property
Commercial Shop bank auction in Gandhi Nagar, Seelampur, Illaqa Shahdara, New Delhi by Fedbank Financial Services Ltd — reserve price ₹59,00,000, 26.91 sq. yards, Symbolic possession.
Discover a prime opportunity with this bank auction property: a commercial shop on the first floor, spanning 26.91 sq. yards (22.50 sq. meters), located in the bustling area of Gandhi Nagar, Village Seelampur, Illaqa Shahdara, Delhi-110031. Offered by Fedbank Financial Services Ltd, this property is ideal for entrepreneurs or investors seeking commercial space in a well-connected locality. The shop features an iron shutter and benefits from common access to staircases and passages. The auction, with a reserve price of ₹59,00,000 and an EMD of ₹5,90,000, is scheduled for August 11, 2026. Property inspection is available on August 4, 2026. This commercial shop for sale presents a significant investment appeal in a vibrant Delhi market.
GeoSquare note: This commercial shop offers a strong investment opportunity due to its strategic location in Gandhi Nagar, Illaqa Shahdara, a well-established commercial hub in Delhi. The property type and size are suitable for various business ventures. While possession is symbolic, the clear auction process by Fedbank Financial Services Ltd, coupled with a reasonable reserve price, makes it an attractive proposition for informed buyers.
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