Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:613641
Bank Name:Liquidation E-Auction
Branch Name:Mumbai
Reserve Price:₹1,95,000
EMD:₹19,500
Bid Increment:₹10,000
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 property is being auctioned by Liquidation E-Auction, with a reserve price of INR 195,000 and an EMD of INR 19,500. The borrower is M/s JET AIRWAYS (INDIA) LIMITED (IN LIQUIDATION). This falls under the asset category of Vehicle Auctions and is specifically a vehicle property.
State:Delhi
City:New Delhi
Area:MAHIPALPUR
Asset Category:Vehicle Auctions
Full Address:875/2, Mahipalpur Extension, New Delhi-110037, Mahipalpur, New Delhi
Auction Description
This is a Liquidation E-Auction for a vehicle in Mahipalpur, New Delhi. The auction will be held on December 10, 2025, starting at 10:00 AM and ending at 08:00 PM. The reserve price is set at INR 195,000, with an Earnest Money Deposit (EMD) of INR 19,500 required to participate. This auction is a liquidation of assets belonging to M/s JET AIRWAYS (INDIA) LIMITED (IN LIQUIDATION).
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 SX4 VDI in New Delhi represents a reasonable opportunity given its price point and the general demand for vehicles. While not a prime investment, the location and potential for use make it a calculated opportunity for those seeking transportation assets.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:BAANKNET
Contact Details:
Mr. Nikhil Lele
Contact no:+91-9923695656
