Property for Auction in Junga, Shimla, Himachal Pradesh
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611779
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹13,00,000
EMD:₹1,30,000
Service Provider:BAANKNET
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:30 AM
This is a residential house located in the scenic area of Junga, Shimla, Himachal Pradesh. The property is being auctioned by Canara Bank under SARFAESI Act. It offers a peaceful living environment in a sought-after location. The house is suitable for both residential use and as a potential investment. Its location in Shimla provides access to natural beauty and essential amenities. The property is part of a bank auction with a defined reserve price and EMD.
State:Himachal Pradesh
City:Shimla
Area:Junga
Asset Category:Residential
Full Address:Mohal Junga, Tehsil District Shimla, Junga, Shimla
Size:00-01-50 Hectare
Canara Bank is conducting a SARFAESI auction for a residential house in Junga, Shimla, Himachal Pradesh. The auction has a reserve price of INR 13,00,000 and an Earnest Money Deposit (EMD) of INR 1,30,000. The bidding will take place on 20-11-2025, starting at 11:30 AM and concluding at 12:30 PM. This is a valuable opportunity to acquire a property in a prime location. Interested bidders should ensure they meet all the auction requirements and submit their bids within the specified timeframe.
Borrower Name:Acharya Mahinder Sharma
Auction Type:SARFAESI Auction
Encumbrance Details:Not Known to Bank
The property offers a relatively affordable entry point into the Shimla real estate market. Its location in Junga provides a peaceful environment, but potential investors should conduct thorough due diligence, given the lack of detailed information on auction dates and property specifics. The reserve price seems reasonable, warranting a careful assessment of its market value.
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
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