Property for Auction in Naya Bazar, New Delhi, Delhi
Auction ID:599548
Bank Name:Union Bank of India
Branch Name:New Delhi
Reserve Price:₹12,55,500
EMD:₹1,25,550
Service Provider:BAANKNET
Submission Date:29-10-2025 05:00 PM
Bid Start Date:30-10-2025 12:00 PM
This is a commercial shop located in the bustling Naya Bazar area of New Delhi, brought to auction by Union Bank of India. Situated in a prime commercial hub, this property offers excellent potential for various business ventures. Its location provides high visibility and accessibility, making it an attractive investment opportunity in the heart of the capital city.
State:Delhi
City:New Delhi
Area:Naya Bazar
Asset Category:Commercial
Union Bank of India is conducting a SARFAESI auction for a commercial shop in Naya Bazar, New Delhi. The auction starts on October 30, 2025, at 12:00 PM and concludes at 5:00 PM on the same day. The reserve price is set at ₹12,55,500, with an Earnest Money Deposit (EMD) of ₹1,25,550 required to participate. This is a prime opportunity to acquire commercial property in a well-established market.
Borrower Name:M/s. R. S. ENTERPRISES
Auction Type:SARFAESI Auction
Authorized Officer- Mr. Pawan Kumar Chief Manager Mobile No : 9773407216