PUBLIC NOTICE FOR SALE THROUGH ONLINE E-AUCTION (SARFAESI ACT, 2002)
Jun 28, 2026 • Maryam Begum • Auction Notices / Real Estate Notices
Source:
FinancialExpress E-Paper
Asset Reconstruction Company (India) Limited, acting in its capacity as Trustee of Arcil Trust-2026-015 (created in respect of financial assets of IIFL HFL), hereby issues this public notice for sale of secured immovable properties through online e-auction under the provisions of the SARFAESI Act, 2002 read with Rules 6, 8 and 9 of the Security Interest (Enforcement) Rules, 2002.
The secured assets are mortgaged properties assigned to ARCIL through registered assignment agreements. The sale is being conducted on “as is where is and whatever there is without recourse basis” for recovery of outstanding dues along with interest, costs, and charges.
Details of Properties (Summary):
Property 1 – New Delhi (Nawada, Uttam Nagar)
Residential unit bearing Pvt. No. 101, built-up property in Om Vihar Phase-1 area, Uttam Nagar, New Delhi – 110059
Area: approx. 96 sq. ft carpet / built-up approx. 520–549 sq. ft
Borrowers: Mr. Shantanu Chaturvedi & Mrs. Nilam Dubey
Reserve Price: ₹22,10,000
EMD: ₹2,21,000
Auction Date: 13 August 2026
Property 2 – South West Delhi (Palam Colony)
First floor front side unit, Plot No. RZ-D-8, Indra Park, Palam Colony, Delhi – 110077
Area: 675 sq. ft approx.
Borrowers: Mr. Ajit Singh & Mrs. Neetu Singh
Reserve Price: ₹29,78,000
EMD: ₹2,97,800
Auction Date: 13 August 2026
Property 3 – North Delhi (Burari, Kaushik Enclave)
Plot No. 4, Block B, Kaushik Enclave, Burari, Delhi – 110084
Area: 83.61 sq. mtrs (approx. 246 sq. ft built-up)
Borrowers: Mr. Pankaj Tyagi & Mrs. Kavita Tyagi
Reserve Price: ₹47,45,000
EMD: ₹4,74,500
Auction Date: 13 August 2026
Inspection of Property: 08 August 2026 (11:00 AM – 2:00 PM)
Last Date for EMD Submission: 11 August 2026 (till 5:00 PM)
E-Auction Date & Time: 13 August 2026 (11:00 AM – 1:00 PM)
Auction Platform: https://XpertAuction.com
Service Provider Contact: +91 99991 05933 / eauctions@XpertAuction.com
Demand Draft/RTGS in favour of:
ARCIL – Trust – 2026 – 015
HDFC Bank Ltd, IFSC: HDFC0000542
General Terms:
Sale is conducted under SARFAESI Act. ARCIL does not take responsibility for encumbrances, disputes, or verification of property title. Bidders must conduct their own due diligence before participating. Auction may be modified, postponed, or cancelled without prior notice.
Place: Delhi
Date: 26 June 2026
Authorized Officer
Asset Reconstruction Company (India) Limited