Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610452
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹96,63,000
EMD:₹9,66,000
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:16-12-2025 05:00 PM
Bid Start Date:2025-12-17
Property Description
This is a prime commercial building located in the heart of Nahan, Sirmour, Himachal Pradesh. The property is offered for sale by Punjab National Bank through a SARFAESI auction. It presents an excellent opportunity for businesses seeking a strategic location with good visibility and accessibility. The building is suitable for a wide range of commercial activities, making it a versatile investment.
State:Himachal Pradesh
City:Sirmour
Area:Nahan
Asset Category:Commercial
Full Address:Khasra No-130, Mouza Ogli Industrial area, Kala Amb, Teh Nahan, District Sirmour, HP-173030, Kala Amb, Nahan
Size:1812.45 SQ Yards
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a commercial building in Nahan, Sirmour, Himachal Pradesh. The auction starts on December 17, 2025, at 11:00 AM and concludes at 04:00 PM on the same day. The reserve price is set at ₹96,63,000, with an Earnest Money Deposit (EMD) of ₹9,66,000 required to participate. This is a unique chance to acquire a commercial asset through a transparent auction process.
Borrower Name:M/s Prag Allied Chemicals
Auction Type:SARFAESI Auction
Guarantor Names:Pramod Kumar Gupta, Kamlesh Gupta, Dipanshu Gupta, Kavita Gupta, Yogita Gupta, Sonia Gupta
Legal Details
Possession Status:Symbolic
Encumbrance Details:A Securitization application is pending before DRT-I Chandigarh with SA No 81/2025 & NDOH is 03.11.2025.
Why This Property
The commercial building in Nahan presents a calculated opportunity, given its location in an industrial area and the symbolic possession status. The reserve price aligns with the property size, but potential investors should investigate the encumbrance details before bidding.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Sanjay Gosain
Contact no:9810505115
