Others Auction in New Delhi | Punjab National Bank Auction

Property details

Property Type

Others

Description

OTS for Rs 20.00 Crore was approved against O/s 21.31Crore by HOCAC-III in its meeting dated 14.11.2023 vide Agenda Item No. A-10 on certain terms & conditions. Entire amount was to be paid within 3 months i.e. up to 12.03.2024. Further Extension of OTS was approved by HOCAC III in its meeting dated 10.04.2024 vide Agenda Item No. A-20 on certain terms & conditions payable up to 12.06.2024. However, the borrower could deposit only Rs 15.25 Crore. The borrower has approached High court disputing an appropriation of FDR of 5 cr (WP© 552/2025 NDOH 08/07/2026) The ots was sanctioned on 2023 and the said FDR which was kept as a liquid security has already appropriated on 18/03/2020 as account turned NPA on 15/03/2020 | Auction ID: 367877 | Property ID: PUNB13A57646591 | Bid Increment: 1000000 | EMD Last Date (IST): 2026-10-05T16:00:00 | Inspection (IST): 2026-10-03T11:00:00 to 2026-10-03T16:00:00 | Platform: https://baanknet.com/auction-detail/367877/ec2413ac128c8c4b189abb7589091fb5faa52add | Encumbrance/Litigation: — (notice review pending)

Possession

symbolic

Locality

New Delhi

Full Address

Freehold property bearing Khasra No . 29/15(4-09),situated in the revenue estate of village Libaspur , Tehsil Alipur , Dist : North Delhi -110042

Pincode

110042

Bank & auction terms

Auction ID

AX-042GOBP

Bank / Authority

Punjab National Bank

Reserve Price

₹ 6,16,00,000

EMD Amount

₹ 61,60,000

Auction Date

06 Oct 2026

Auction Time

11:00

Borrower Name

M/s Elroy Super Car Pvt Ltd

Bank Contact Details

Sunil Kumar Dash, 9437322902

Auction documents

• Sale noticesale noticeDownload