Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 4.5
Auction ID:613650
Bank Name:Liquidation E-Auction
Branch Name:Mumbai
Reserve Price:₹83,500
EMD:₹8,350
Bid Increment:₹4,000
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 for a vehicle located in Mahipalpur, New Delhi. The asset is being auctioned by Liquidation E-Auction. The reserve price is ₹83,500, with an Earnest Money Deposit (EMD) of ₹8,350.
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
Participate in the Liquidation E-Auction for a vehicle in Mahipalpur, New Delhi, formerly associated with M/s Jet Airways (India) Limited (in liquidation). The auction begins on December 10, 2025, at 10:00 AM and concludes at 08:00 PM on the same day. This is a unique opportunity to acquire a vehicle through a liquidation process with a reserve price of ₹83,500 and an EMD of ₹8,350.
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 Mahindra Bolero, while a functional vehicle, is being offered at a relatively low reserve price. Given its location in Delhi and auction terms, it represents a calculated risk with potential returns for the right buyer. However, thorough due diligence regarding the vehicle's condition is crucial.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:BAANKNET
Contact Details:
Nikhil Lele
Contact no:+91-9923695656
