Auction Closed · Scheduled Auction Date Passed (01 Oct 2026)
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Commercial Auction in New Delhi | Moneywise Financial Services Pvt. Ltd. Bank Auction
Basement & Ground Floor, Property No. 56, Model Town North Delhi (M/s Rattan Lal Diamond Jewellers) · Reserve price ₹ 5,00,00,000 · Auction on 01 Oct 2026
₹ 5,00,00,000
Reserve price
Reserve price
₹ 5,00,00,000
EMD
₹ 50,00,000
Auction date
01 Oct 2026
Status
Ended
Bank
Moneywise Financial Services Pvt. Ltd.
Possession
physical
Photos do not establish property condition or title. Confirm the location, inspection window, terms and latest sale notice directly with the selling authority before paying EMD.
Property details
- Property Type
- Commercial
- Description
- Subsequent e-auction cum sale. Demand notice dated 11-Dec-2024, amount Rs 6,21,84,841. Outstanding dues as on 15-Sep-2026: Rs 7,89,80,129 plus further interest, costs and charges. Bid increment Rs 50,000. Property inspection 28-Sep-2026, 11AM-4PM. Last date/time for EMD: 29-Sep-2026 upto 5PM. EMD payable via NEFT/RTGS to HDFC Bank, A/c 0003040020499, IFSC HDFC0000301.
- Area
- 225 sqm
- Possession
- physical
- Locality
- New Delhi
- Full Address
- Entire Basement and Ground Floor (Ground Floor portion described as First Floor and Stilt in sanctioned building plan), along with proportionate share in Stilt Parking, Property No. 56, freehold land measuring 225 Sq. Mtrs, Model Town North Delhi-110009. Boundaries: East-12 Mtr Wide Road, West-Plot No. 49, North-Plot No. 57, South-Plot No. 55
- Pincode
- 110009
Bank & auction terms
- Auction ID
- AX-10THWKR
- Bank / Authority
- Moneywise Financial Services Pvt. Ltd.
- Reserve Price
- ₹ 5,00,00,000
- EMD Amount
- ₹ 50,00,000
- Auction Date
- 01 Oct 2026
- Auction Time
- 11:00
- Borrower Name
- M/s Rattan Lal Diamond Jewellers A Private Limited, Rattan Lal Sehgal, Amit Sehgal, Rakesh Sehgal, Deeksha Sehgal
- Bank Contact Details
- Maulik Shrimali / Pradeep Singh, 9173528727 / 7678299535, support@auctiontiger.net / pradeepsingh@smcfinance.com
Auction documents
- Sale noticesale notice
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