Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:611744
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹31,00,000
EMD:₹3,10,000
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:30 AM
Property Description
This is a factory land and building located in Mehatpur, Una, Himachal Pradesh. The property is being auctioned by Canara Bank due to non-payment by the borrower, M/s NGP Industries. This industrial asset presents a significant opportunity for investment or operational use in a key industrial area.
State:Himachal Pradesh
City:Una
Area:Mehatpur
Asset Category:Industrials
Full Address:2E(1), Plot No. 2E(1), Industrial Area, Mehatpur, District Una (H.P.), Mehatpur, Una
Size:504 Sq. M
Auction Description
Canara Bank is conducting a SARFAESI auction for a factory land and building in Mehatpur, Una, Himachal Pradesh. The auction will take place on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price for this property is INR 31,00,000, with an Earnest Money Deposit (EMD) of INR 3,10,000 required to participate. This is a direct opportunity to acquire industrial property through a transparent bank auction process.
Borrower Name:M/s NGP Industries
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is an industrial land with building in a designated industrial area, suggesting potential for business use. The moderate score reflects the need for thorough due diligence regarding the local market conditions and legal compliance. While the reserve price seems reasonable, further investigation is warranted before investing.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
