Shop for auction Sabzi Mandi New Delhi 40 lakh Bank of India

This is a prime commercial shop located in the bustling Sabji Mandi area of New Delhi, offered for auction by the Bank of India. The property, previously occupied by M/s Fashion & Style, presents a fantastic investment opportunity in a high-footfall commercial hub. Its strategic location in New Delhi ensures excellent connectivity and visibility, making it ideal for various retail or business ventures. The asset category is commercial, and the property type is a commercial shop, suitable for entrepreneurs looking to establish or expand their business in a thriving market.

This SARFAESI auction, conducted by the Bank of India, features a commercial shop in Sabji Mandi, New Delhi. The auction has a reserve price of ₹40,10,000 and an Earnest Money Deposit (EMD) of ₹4,01,000. Bidding will take place on 25-11-2025, commencing at 11:00 AM and concluding at 05:00 PM on the same day. This is a significant opportunity for investors and business owners to acquire a commercial property in a well-established market through a transparent auction process. Ensure all pre-auction formalities are completed before the bidding starts.

The property is a commercial shop in a well-known market area, Sabzi Mandi, suggesting good business potential. However, the moderate prime property score and calculated opportunity reflects the need for careful due diligence before investment, considering market conditions and potential returns relative to the reserve price.