Bank auction in New Delhi, Delhi
New Delhi, Delhi
This other property in New Delhi, Delhi is up for auction by Punjab National Bank, at a reserve price of ₹6.16 Cr. An earnest-money deposit of ₹61.60 L is due by 26 Oct 2026, 05:00 PM IST. Bidding opens on 27 Oct 2026, 11:00 AM IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.
Open the full listingSale notice (PDF)View on the official portal
Auction details
| Reserve price | ₹6.16 Cr |
|---|---|
| EMD amount | ₹61.60 L |
| Auction starts | 27 Oct 2026, 11:00 AM IST |
| Auction ends | 27 Oct 2026, 04:00 PM IST |
| EMD deadline | 26 Oct 2026, 05:00 PM IST |
| Inspection | 21-10-2026 11:00 – 21-10-2026 16:00 |
| Bank | Punjab National Bank |
| Branch | ARMB SOUTH DELHI 416800 |
| Property type | Other |
| Sub type | Others |
| PIN code | 110042 |
| Status | Upcoming |
| Bank property ID | PUNB13A57646591 |
| Type of auction | Under SARFAESI |
| Possession | Symbolic |
| Locality | Libaspur ,North Delhi |
| Borrower address | 9-A Shivaji Marg ,Motinagar ,Najafgarh Road Industrial Area New Delhi -110015 |
| Authorised officer | SUNIL KR DASH (Authorised Officer - Scale - IV - CM) |
| Inspection contact | Sunil Kumar Dash · 9437322902 |
| Bid increment | ₹1,000,000 |
| Auto-extension | Extends 5 min on a bid in the last 5 min |
| EMD window opens | 19 Oct 2026, 16:53 |
| Other details | OTS for Rs 20.00 Crore was approved against O/s 21.31Crore by HOCAC-III in its meeting dated 14.11.2023 vide Agenda Item No. A-10 on certain terms & conditions. Entire amount was to be paid within 3 months i.e. up to 12.03.2024. Further Extension of OTS was approved by HOCAC III in its meeting dated 10.04.2024 vide Agenda Item No. A-20 on certain terms & conditions payable up to 12.06.2024. However, the borrower could deposit only Rs 15.25 Crore. The borrower has approached High court disputing an appropriation of FDR of 5 cr (WP© 552/2025 NDOH 08/07/2026) The ots was sanctioned on 2023 and the said FDR which was kept as a liquid security has already appropriated on 18/03/2020 as account turned NPA on 15/03/2020 |
Legal description
Freehold property bearing Khasra No . 29/15(4-09),situated in the revenue estate of village Libaspur , Tehsil Alipur , Dist : North Delhi -110042
More auctions in New Delhi
See all bank auctions in New Delhi, Delhi →This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.