Residential Auction in Delhi | The South Indian Bank Ltd. Auction

Property details

Property Type

Residential

Description

Item No. 1 of a broader group notice (Ref DEL/CRD/SAR/35/2026-27) covering multiple related borrowers/guarantors totalling Rs 16,92,38,143.26 as on 18.02.2026 with future interest, costs and expenses. This item's own reserve price/EMD as listed. Bid increment Rs 10,000. Sale Deed No. 1287 dated 09-05-1989 at SRO-IV, New Delhi/Delhi, Will dated 02-06-1997. Boundaries: North-Common Passage, South-Other's property, East-Common wall & Shop No.7, West-Common wall & Shop No.5. Encumbrances: Nil / Encumbrances from 01.01.2018 to 22.11.2022. EMD deposit on or before 05.10.2026 till 2PM.

Area

100 sqyd

Possession

physical

Locality

Delhi

Full Address

MPL 783/18-A/5 (old), New No. IX/7172, Gaur Nanak Gali, Gandhi Nagar, Village Seelampur, Illaqa Shahdara, Delhi-110031

Pincode

110031

Bank & auction terms

Auction ID

AX-1Q5RIYG

Bank / Authority

The South Indian Bank Ltd.

Reserve Price

₹ 1,44,50,000

EMD Amount

₹ 14,45,000

Auction Date

06 Oct 2026

Auction Time

11:00

Borrower Name

Late Ramesh Kumar Dawar (represented by legal heirs: Savita Dawar, Vinay Dawar, Nitin Dawar, Shivani Kochar), Rakesh Kumar, Suresh Kumar; also involving M/s Shri Gangadas Textile Industries Limited, M/S GG Fabrics (Prop. Nitin Dawar), Pankaj Ahuja, Hema Ahuja

Bank Contact Details

Authorised Officer, South Indian Bank (Vasundhara Branch), 9037-854-719, ro1008@sib.co.in

Auction documents

• Sale noticesale noticeDownload