Auction ID: #4025097 |
Reserve Price: ₹20,25,000/- |
Auction Date: 17-10-2025 |
Time: 11:00 AM – 05:00 PM
Auction Details – Indian Bank Commercial Shop Auction in Chandni Chowk, Delhi
- Property Type: Commercial Shop
- City/Town: New Delhi
- Locality: Tilak Bazar, Chandni Chowk
- Status of Possession: Physical Possession
🏦 Bank Details
- Bank Name: Indian Bank
- Branch: Indian Bank Building, 1st Floor, 17 Parliament Street, New Delhi – 110001
- Reserve Price: ₹20,25,000/-
- EMD: ₹2,03,000/-
- Bid Increase Amount: ₹50,000/-
- Service Provider: bankeauction.com
📞 Contact Details
- Authorised Officer: Mr. Rajesh Kumar Prasad
- Contact No.: +91-8240447136
📜 Property Description
The auction property comprises a Commercial Shop No. 114, First Floor, part of building No. 2533
situated at Chota Chhippywara, Tilak Bazar, Chandni Chowk, Delhi – 110006.
It is surrounded by active commercial establishments and offers excellent business opportunities.
Download:
Auction Notice
🏘 Investment Potential in Chandni Chowk
Chandni Chowk has always been the commercial heartbeat of Old Delhi.
With its endless flow of traders, wholesalers, and buyers, it is one of the few markets that thrives year-round.
Owning a commercial space here through the Indian Bank eAuction offers not just rental yield but long-term capital appreciation.
Similar shops within 300 metres of the auctioned property are currently rented between ₹60,000 – ₹1 lakh per month,
making this a high-return opportunity for retail or storage-based businesses.
Properties acquired via eAuctionprime come with verified bank titles and ensure
a legally transparent transaction process for every investor.
🧭 Step-by-Step Bidding Guide
- Visit bankeauction.com and register as a bidder.
- Complete your KYC verification and upload PAN, Aadhaar, and proof of address.
- Deposit the EMD amount of ₹2,03,000/- before the last submission date.
- Attend the online auction window on 17-10-2025 between 11:00 AM – 05:00 PM.
- Place incremental bids in multiples of ₹50,000/- as per auction rules.
- Successful bidders will receive a confirmation from Indian Bank and further payment instructions.
The eAuction system is completely online and designed for user convenience.
Whether you are an investor, trader, or small business owner,
this commercial property in Tilak Bazar offers prime accessibility and solid ROI prospects through the trusted platform eAuctionprime.
🏛 About Indian Bank and eAuctions
Indian Bank conducts property auctions under the SARFAESI Act, 2002 for recovery of secured debts.
The process is fully transparent and digital, allowing participants to bid from anywhere in India
through government-approved eAuction platforms. Buyers are encouraged to visit the property location
and complete due diligence before bidding.
📍 Location & Connectivity – Chandni Chowk
Chandni Chowk is one of Delhi’s oldest and busiest markets, famous for trade in electronics,
hardware, and wholesale goods. The property’s proximity to key commercial centers such as Chawri Bazar
and Khari Baoli enhances its retail potential. Connectivity through metro and roadways makes it a
preferred business location.
- Nearest Metro Stations: Chandni Chowk & Chawri Bazar
- Close to Old Delhi Railway Station and ISBT Kashmere Gate
- High visibility and strong retail movement throughout the year
- Ideal for traders, small businesses, and investors
💡 Why Buy Through eAuctionprime?
- ✔️ Verified listings from authorized banks
- ✔️ Transparent and secure online auction process
- ✔️ Clear documentation under SARFAESI guidelines
- ✔️ Attractive commercial property in Delhi’s core market
🔗 Useful Links
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