Flat for auction Bhagwati Nagar Shimla 17 lakh Canara Bank

Property for Auction in Bhagwati Nagar, Shimla, Himachal Pradesh

Recommendation
Calculated OpportunityScore: 6.5
Size
33.60 Sqmtrs
Reserve Price
16,50,000
Reserve Price
16,50,000
EMD Required
1,65,000
Property Specifications
Size33.60 Sqmtrs
FloorFirst Floor
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Bhagwati Nagar, Shimla
Auction Date IconAuction Date:
20-11-2025 11:30 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:611780

Bank Name:Canara Bank

Branch Name:Recovery & Legal Section, Circle Office

Reserve Price:16,50,000

EMD:1,65,000

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 residential plot located in Bhagwati Nagar, Shimla, Himachal Pradesh. The plot is being auctioned by Canara Bank under the SARFAESI Act. It represents an opportunity to acquire land in a desirable location within Shimla.

State:Himachal Pradesh

City:Shimla

Area:Bhagwati Nagar

Asset Category:Residential

Full Address:Mohal Bhagwati Nagar, Tehsil Shimla, (Rural), District Shimla, HP, Bhagwati Nagar, Shimla

Size:33.60 Sqmtrs

Auction Description

Canara Bank is conducting a SARFAESI auction for a residential plot in Bhagwati Nagar, Shimla, Himachal Pradesh. The auction will take place on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price for this auction is INR 16,50,000, with an Earnest Money Deposit (EMD) of INR 1,65,000. This is a significant opportunity to bid on a property in Shimla.

Borrower Name:Sh. Hemant SharmaSemi Furnished Flat (towards Janjhiri

Auction Type:SARFAESI Auction

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

The property offers a decent living space in Shimla, a desirable location. However, limited information on the auction date and specific possession status makes it a calculated opportunity. Priced reasonably, this flat requires further inspection before investing.

Contact Details

Branch:Branch Office : Recovery & Legal Section, Circle Office

Service Provider:BAANKNET

Contact Details:

Contact no: —

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