All auctions / Delhi / New Delhi
1217.33 square feet Shops for sale in New Delhi
New Delhi, Delhi – 110034
Indian Overseas Bank · ASSET RECOVERY MANAGEMENT BR., DELHI-1997
- Reserve price
- ₹1,12,75,443
- EMD
- ₹11,27,544
- Bid increment
- ₹1,00,000
- Area
- 1,217 sq ft
- Price per sq ft
- ₹9,263
This is the 9th auction of this property. The reserve price is 10% lower than at the last auction (₹1,25,28,270 on 20 Aug 2026, 12:00 PM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property6 Oct 2026, 1:00 PM – 6 Oct 2026, 4:00 PM
- Pay EMD and submit bid by21 Oct 2026, 5:00 PM (EMD closes in 6 days)
- Auction23 Oct 2026, 12:00 PM – 1:00 PM · in 8 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 23 Oct 2026 | ₹1,12,75,443 | -10.0% | Upcoming |
| 20 Aug 2026 | ₹1,25,28,270 | +0.2% | Closed |
| 20 Feb 2026 | ₹1,25,00,000 | — | Closed |
| 20 Sep 2025 | ₹1,25,00,000 | +2.5% | Closed |
| 27 May 2025 | ₹1,22,00,000 | — | Closed |
| 12 Dec 2024 | ₹1,22,00,000 | -5.9% | Closed |
| 2 Nov 2024 | ₹1,29,65,000 | -5.6% | Closed |
| 11 Sep 2024 | ₹1,37,40,000 | — | Closed |
| 13 Aug 2024 | ₹1,37,40,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹11,27,544
- Rest of 25% when you win (same or next day)
- ₹16,91,317
- Balance 75%, usually within 15 days
- ₹84,56,582
- Stamp duty and registration (about 5–8%, varies by state)
- ₹5.64 L – ₹9.02 L
You may bid above the reserve in steps of ₹1,00,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.
Property
- Type
- Commercial · Shops
- Possession
- Physical
- Auction type
- DRT (Debt Recovery Tribunal) · DRT-1, Delhi
- Address
- Freehold Commercial Shop/ Unit Bearing No. UG –7A to UG –11A, at Upper Ground Floor measuring 1217.33 Sq Ft comprised in Commercial Complex known as “APRA PLAZA” on Plot No. 29, Road no. 44, Community Centre Pitampura, near Rani Bagh, Delhi-110034, which is owned by M/s Josh Aerojet Services Pvt. Ltd. Boundaries of the property: North: Common Corridor/ Entrance, South: Open/ Road Below, West: Open Below, East: Open & staircase.
- Borrower
- M/s Josh Impex Pvt Ltd
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