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Commercial Building SARFAESI Auction

244.4 sq yd Commercial Building for Auction in Faridabad – Mahindra Finance

Faridabad, Haryana · Auction ID #3654

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Reserve Price ₹1,54,00,000
EMD (Earnest Money)₹15,40,000
Bid Increment₹1,00,000
Auction Date 30 Oct 2026, 10:00 AM In 30 days
EMD Last Date 29 Oct 2026, 05:00 PM In 29 days
Area244.4 sq yd

Property Details

Property type
Commercial Building (Commercial)
Possession
Not specified
Area
244.4 sq yd (≈ 2,199 sq ft)
Reserve price / sq ft
₹7,001
Locality
—
State
Haryana
Pincode
121001

Description (as per sale notice)

All the piece and parcel of the Commercial Property having Shop No.5, with Ground Floor and First Floor with entire roof rights, total measuring 244.4 Sq. Yds. situated at Plot No. 22-B, Neighborhood No. 1, Block E, Waka New Township, NIT, Tehsil and District Faridabad, Haryana- 121001. Bounded as follows: On or Towards East by: - Shop No.6. On or Towards West by: - Part of others plot/ Stairs. On or Towards North by: - Road 22 Feet. On or Towards South by: - Other's Property.

Bank & Auction Details

Branch
Mahindra & Mahindra Financial Services Limited, Mumbai - BO
Auction type
SARFAESI Auction
Borrower
Vasu S***** & C***** P***** L*****
Auction start
30 Oct 2026, 10:00 AM
Auction end
30 Oct 2026, 04:00 PM
EMD submission deadline
29 Oct 2026, 05:00 PM
Inspection
05 Oct 2026, 11:00 AM – 09 Oct 2026, 05:00 PM
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹7,001 per sq ft. The average across commercial bank auctions in Faridabad on our site is ₹10,509 per sq ft, so this one is 33% 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 5 Oct 2026 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 ₹15,40,000 before 29 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 30 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 Mahindra & Mahindra Financial Services. Always verify every detail with the official notice and the authorised officer before paying any money.

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