Shop for Auction Sheikh Sarai Phase Ii New Delhi 47.2 Lakh by India Infoline Housing Finance Ltd Iifl Hfl 17 Jul 2026

Quick read

• ▸Possession: Physical
• ▸Area: 524.00 sq. ft.
• ▸Locality: Sheikh Sarai, Phase II
• ▸Reserve: ₹47,16,000
• ▸EMD: ₹4,71,600

About this property

Commercial Shop bank auction in Sheikh Sarai, Phase II, New Delhi by India Infoline Housing Finance Ltd. (IIFL-HFL) — reserve price ₹47,16,000, 524.00 sq. ft., Physical possession.

Discover a prime commercial shop for sale through a bank auction by IIFL Home Finance Limited. This property, Shop No. 14 on the 2nd Floor of LSC, Sheikh Sarai, Phase II, Delhi 110017, offers an area of 524.00 sq. ft. The property is available with physical possession, making it a potentially strong investment in a sought-after New Delhi locality. The e-auction is scheduled for July 17, 2026, with a reserve price of ₹4,716,000.00. Interested buyers should note the EMD amount of ₹471,600.00 and the last submission date of July 15, 2026. This bank auction property presents an excellent opportunity for businesses or investors looking for commercial space in Delhi. Prospective bidders are advised to conduct thorough due diligence, especially concerning the mentioned legal encumbrance.

GeoSquare note: This commercial shop in Sheikh Sarai, New Delhi, benefits from a desirable location and the advantage of physical possession, which are strong positives. However, a pending legal case before DRT II Delhi introduces significant risk and potential delays, despite the attractive reserve price. Buyers must perform thorough due diligence on the legal status and understand the 'AS IS WHERE IS' condition before proceeding, making it a fair but cautious investment.