Commercial Auction in New Delhi | State Bank of India Auction

Property details

Property Type

Commercial

Description

Branch: Stressed Assets Recovery Branch (SARB-II), Karol Bagh, New Delhi (Branch Code 51521). Outstanding dues Rs.3.21 Crore as on 31.07.2026. Date/Time of Visit for inspection 13.08.2026, 11:00 AM to 4:00 PM. Bid Increment Rs.50,000/-.

Area

352 sqyd

Possession

physical

Locality

New Delhi

Full Address

Flat No.4, 2nd floor, F-15, Shopping Centre, Mansarovar Garden, New Delhi-110015, area measuring 352 sq. yd. Sale Deed executed by Smt. Sudesh Chhabra in favour of Sh. Hitesh Kothari, Document No.9653, Book No.1, Volume 13873, Page No.124-131, on 8-5-2006 with Sub Registrar, Delhi. (Physical possession with the bank)

Pincode

110015

Bank & auction terms

Auction ID

AX-1BXQ50E

Bank / Authority

State Bank of India

Reserve Price

₹ 40,00,000

EMD Amount

₹ 4,00,000

Auction Date

17 Aug 2026

Auction Time

11:00

Borrower Name

M/s JK Petrochemicals (Borrower); Mr. Madan Lat Babu Lal Chowatia S/o Sh. Babu Lal Chowatia; Kanchan Ben W/o Jayanti Lal Kothari; Mr. Rajesh Kothari S/o Sh. Tara Chand Kothari; Mr. Sharad Kumar Jain S/o Sh. Babu Lal Jain; Mr. Hitesh Kothari S/o Sh. Jayanti Lal Kothari

Bank Contact Details

Sudhir Kumar Sinha (CM & CLO); Mr. Ranjit Kumar (MGR & CCO), 9999139990, sbi.51521@sbi.co.in

Auction documents

• Sale noticesale noticeDownload