PUBLIC NOTICE FOR E-AUCTION CUM SALE Under SARFAESI Act, 2002 – Rule 8(6) Sale Notice
Jun 28, 2026 • Maryam Begum • Auction Notices / Real Estate Notices
Source:
FinancialExpress E-Paper
IIFL Home Finance Limited (IIFL HFL), Corporate Office at Plot No. 98, Udyog Vihar, Phase-IV, Gurgaon-122015, Haryana, and Branch Office at 30/30E, Upper Ground Floor, Shivaji Marg, New Delhi-110015, hereby issues this public notice for the e-auction cum sale of immovable property mortgaged to the company under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
The Authorized Officer has taken physical possession of the secured asset pursuant to the demand notice issued under Section 13(2) of the Act, with the right to sell the property on an “AS IS WHERE IS BASIS”, “AS IS WHAT IS BASIS”, and “WITHOUT RECOURSE BASIS” for recovery of dues.
Borrower(s) / Co-Borrower(s): Mr. Dipak Chandra Das and Mrs. Munni Das
Prospect No.: IL.10220511
Total Outstanding: Rs. 18,90,784.00/-
Demand Notice Date: 17/10/2025
Description of Property:
All that part and parcel of property bearing Plot No. 67 and 68, 1st Floor (Rear Middle), Khasra No. 5916, Block L-1, Mohan Garden, Uttam Nagar, Delhi - 110059.
Area: 479 sq. ft. (Saleable), 383 sq. ft. (Carpet Area)
Possession Date: 05/06/2026
Financial Details:
Reserve Price: Rs. 23,50,000/-
Earnest Money Deposit (EMD): Rs. 2,07,086.19/-
Bid Increase Amount: Rs. 25,000/-
Important Dates:
Property Inspection: 27/07/2026 (11:00 hrs – 14:00 hrs)
EMD Last Date: 29/07/2026 (till 5:00 PM)
E-Auction Date & Time: 31/07/2026 (11:00 hrs – 13:00 hrs)
Mode of Payment:
EMD payment shall be made online through the official portal https://www.iflonehome.com using the property-specific payment link.
Terms & Conditions:
Registration and bidding shall be done through the service provider portal with valid login credentials.
EMD payment is mandatory prior to participation in the auction.
Bid increments shall be as specified in the notice.
In case of bids during the last 5 minutes, the auction time will be extended automatically by 5 minutes.
Successful bidder shall pay 25% of the bid amount (after adjusting EMD) within 24 hours of acceptance of bid.
Remaining 75% shall be paid within 15 days from confirmation of sale.
All applicable taxes, stamp duty, registration charges, and statutory dues shall be borne by the purchaser.
TDS as applicable shall be deducted and deposited by the purchaser.
Failure to comply with payment terms shall result in cancellation of sale and forfeiture of EMD.
Authorized Officer reserves the right to cancel, postpone, or modify the auction without prior notice.
Statutory Notice:
This is a 30 days sale notice under Rule 8(6) of the SARFAESI Act, 2002. Borrowers are advised to clear dues along with applicable interest and charges before the auction date, failing which the property shall be sold and recovery proceedings shall continue for any balance amount.
Place: Uttam Nagar
Date: 26/06/2026
Sd/-
Authorized Officer
For IIFL Home Finance Limited