21.33 sq yd Commercial Building for Auction in Delhi – KBL

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

21.33 sq yd (≈ 191 sq ft)

Reserve price / sq ft

₹64,073

Locality

—

City

Delhi

State

Delhi

Pincode

110031

Address

All that Part & Parcel of commercial property, consisting of 3 storied building, bearing property No.IX/6888, Kharsa No. 108, measuring 21.33 sqyds situated at Kapoor Basti Abadi known as Gandhi Nagar, Village Seelampur illaqa Shahdara, Delhi-110031, belonging to Mr.Hazi Zahid Hussain & Mr.Tahir Hussain Boundaries: East: Other Property West: Gali North: Part of Property South: Part of Property View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Karnataka Bank

Branch

Savita Vihar Branch

Auction type

SARFAESI Auction

Borrower

M/s H**** J****

Auction start

16 Nov 2026, 11:30 AM

Auction end

16 Nov 2026, 12:30 PM

EMD submission deadline

14 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2435619

Price Check

This listing's reserve price works out to ₹64,073 per sq ft. The average across commercial bank auctions in Delhi on our site is ₹16,504 per sq ft, so this one is 288% 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 (4Closure · Listing 2435619), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹12,30,000 before 14 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 16 Nov 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.