41.8 sq meter Commercial Building for Auction in New Delhi – Union Bank

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

41.8 sq meter (≈ 449 sq ft)

Reserve price / sq ft

₹23,237

Locality

—

City

New Delhi

State

Delhi

Pincode

110094

Address

New Delhi, 110094 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Union Bank of India

Branch

BEETALS EDUCATION SOCY-DELHI-920771

Auction type

SARFAESI Auction

Borrower

New G**** E*****

Auction start

13 Oct 2026, 12:00 PM

Auction end

13 Oct 2026, 05:00 PM

EMD submission deadline

13 Oct 2026, 04:59 PM

Inspection

—

Authorised officer

Chandan Kumar Jha

Officer contact

8779332446

E-auction portal

BAANKNET (Property ID UBINDELDLN6019B)

Price Check

This listing's reserve price works out to ₹23,237 per sq ft. The average across commercial bank auctions in New Delhi on our site is ₹22,108 per sq ft, so this one is 5% above 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.
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 (BAANKNET (Property ID UBINDELDLN6019B)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 13 Oct 2026, 04:59 PM. It is refunded if you don't win.
5. Bid online on 13 Oct 2026 starting above the reserve price.
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.