Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 3.5
Auction ID:613652
Bank Name:Liquidation E-Auction
Branch Name:Mumbai
Reserve Price:₹43,000
EMD:₹4,300
Bid Increment:₹2,000
Auction Time:10:00 AM to 8:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-07
Bid Start Date:2025-12-10
Property Description
This is a liquidation auction of a vehicle located in Mahipalpur, New Delhi. The asset is listed under Vehicle Auctions and is being auctioned as part of the liquidation of M/s JET AIRWAYS (INDIA) LIMITED. The property type is a vehicle. The auction will be conducted online.
State:Delhi
City:New Delhi
Area:MAHIPALPUR
Asset Category:Vehicle Auctions
Full Address:875/2, Mahipalpur Extension, New Delhi-110037, Mahipalpur Extension, New Delhi
Auction Description
This is a liquidation e-auction for a vehicle in Mahipalpur, New Delhi. The auction starts on December 10, 2025, at 10:00 AM and ends on the same day at 08:00 PM. The reserve price is INR 43,000, with an Earnest Money Deposit (EMD) of INR 4,300. This auction is part of the liquidation process for M/s JET AIRWAYS (INDIA) LIMITED.
Borrower Name:M/s JET AIRWAYS (INDIA) LIMITED (IN LIQUIDATION)
Auction Type:Liquidation Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a vehicle offered at a relatively low reserve price, making it a calculated opportunity for those seeking affordable transportation. However, the property type limits its investment appeal and potential for significant returns, leading to a lower score and moderate recommendation.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:BAANKNET
Contact Details:
Mr. Nikhil Lele
Contact no:+91-9923695656
