Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:612221
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch - Shimla
Reserve Price:₹1,04,50,000
EMD:₹10,45,000
Bid Increment:₹50,000
Auction Time:11:00 HRS. TO 16:00 HRS.
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a residential flat located in Saproon, Solan, Himachal Pradesh. It is part of a bank auction conducted by the State Bank of India. The property is being auctioned under SARFAESI Act. It is an excellent opportunity for homebuyers or investors seeking property in a desirable location within Himachal Pradesh. The flat offers comfortable living spaces and is situated in a well-connected area.
State:Himachal Pradesh
City:Solan
Area:Saproon
Asset Category:Residential
Full Address:A-2, Dev Bhumi Apartments, Flat No. A-2, Powerhouse Road, Mauza - Saproon, Hadbast No. 653, Tehsil and Distt. Solan (H.P.), Saproon, Solan
Building/Society:Dev Bhumi Apartments
Size:2900 Sq. Ft.
Auction Description
State Bank of India is holding a SARFAESI auction for a residential flat in Saproon, Solan, Himachal Pradesh. The auction will commence on November 25, 2025, at 11:00 AM and conclude on the same day at 04:00 PM. The reserve price for this property is ₹1,04,50,000, with an Earnest Money Deposit (EMD) of ₹10,45,000 required to participate. This auction presents a unique chance to acquire a property directly from the bank.
Borrower Name:M/s Dynamic Sales
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Raj Kumar Mittal, Sh. Ashok Ahluwalia, Sh. Sanjay Kumar Mittal, Smt. Sunita Mittal, Smt. Vasudha Ahluwalia
Legal Details
Possession Status:UNDER PHYSICAL
Encumbrance Details:Not Known to Bank
Why This Property
Located in Saproon, Solan, this 2900 sq ft flat presents a strong investment opportunity. The reserve price of ₹10450000.0 along with physical possession makes it an attractive deal. The property's location and size contribute to its investment potential.
Contact Details
Branch:Branch Office : Stressed Asset Recovery Branch - Shimla
Service Provider:BAANKNET
Contact Details:
Contact no:82199-96108
