Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613224
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹29,07,000
EMD:₹2,90,000
Bid Increment:₹50,000
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 bank auction of a commercial shop located in mubarakpur, New Delhi. The property is being auctioned by Punjab National Bank under the SARFAESI Act. The borrower is M/s SAI FOOD BAKERY HOUSE. This is an opportunity to acquire a commercial asset in a well-known area of the capital city.
State:Delhi
City:New Delhi
Area:mubarakpur
Asset Category:Commercial
Full Address:Shop No. 6, Sarman complex, Shop No 6, H 39-40 Subhash Market, Kotla Mubarakpur, New Delhi, 110003, Kotla Mubarakpur, New Delhi
Building/Society:Sarman complex
Size:150 sqft
Auction Description
Punjab National Bank is holding a SARFAESI auction for a commercial shop in mubarakpur, New Delhi. The auction is scheduled for November 26, 2025, from 11:00 AM to 4:00 PM. The reserve price for this property is INR 29,07,000, with an Earnest Money Deposit (EMD) of INR 2,90,000. This is a prime opportunity for investors and business owners looking for commercial space in Delhi.
Borrower Name:M/s SAI FOOD BAKERY HOUSE
Auction Type:SARFAESI Auction
Guarantor Names:Sh Vinod Kumar, Sh Rahul Kumar, Sh Tanuj Kumar, Smt Poonam W/o Sh Vinod Kumar
Legal Details
Possession Status:Physical
Encumbrance Details:There is no SA pending / stay on sale of property
Why This Property
The property is a commercial shop in a reasonably accessible part of Delhi, offering potential for business use. The reserve price and EMD are moderate, suggesting it could be a worthwhile investment but requires careful evaluation of market conditions and business potential.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Rajesh Kumar
Contact no:8451880664
