Land SARFAESI Auction

56.24 sq m Land for Auction in New Delhi – IndusInd

New Delhi, Delhi · Auction ID #3062

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Reserve Price ₹80,24,000
EMD (Earnest Money)₹8,02,400
Bid Increment₹1,00,000
Auction Date 28 Oct 2026, 11:00 AM In 27 days
EMD Last Date 27 Oct 2026, 04:00 PM In 26 days
Area56.24 sq m

Property Details

Property type
Land (Land & Agricultural)
Possession
Not specified
Area
56.24 sq m (≈ 605 sq ft)
Reserve price / sq ft
₹13,255
Locality
—
State
Delhi

Description (as per sale notice)

All that piece and parcel of Ground Floor (Above Stilt Parking) (Without roof rights and without stilt Parking rights) in part of property bearing Municipal Corporation No. 5662 area about 56.24 Sq.Mtr. built on Plot No. 557/2, Bearing Khasra No. 3410/557, Khewat No. 1, Khatoni No. 7, Ward No. XVI, Block A, Gali No. 78 Situated at Basti Raigar, Raigar Pura, Karol Bagh, New Delhi & fitted with electric and water connection owned by Mohd. Saifuddin.

Bank & Auction Details

Bank / Lender
IndusInd Bank
Branch
IndusInd Bank Limited, Bhikaji Cama Place, New Delhi - BO
Auction type
SARFAESI Auction
Borrower
M/s. S*** B*****
Auction start
28 Oct 2026, 11:00 AM
Auction end
28 Oct 2026, 12:00 PM
EMD submission deadline
27 Oct 2026, 04:00 PM
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹13,255 per sq ft. The average across land & agricultural bank auctions in New Delhi on our site is ₹13,254 per sq ft, so this one is 0% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
  2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹8,02,400 before 27 Oct 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 28 Oct 2026 starting above the reserve price, in multiples of ₹1,00,000.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with IndusInd Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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