Property for Auction in Kasauli, Solan, Himachal Pradesh
Auction ID:542907
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹26,10,000
EMD:₹2,61,000
Service Provider:BAANKNET
Submission Date:11-08-2025 05:00 PM
Bid Start Date:12-08-2025 11:00 AM
A well-situated residential house located in Kasauli, a picturesque hill station within the Solan district of Himachal Pradesh. Known for its pleasant climate and natural beauty, Kasauli offers a tranquil living environment. This property, formerly mortgaged to Punjab National Bank by Mr. Sh. Partap Singh, represents a compelling real estate investment. The house is categorized as residential, ideal for personal use or as a rental income property. Its location in Kasauli provides excellent connectivity and access to local amenities, making it an attractive prospect for discerning buyers.
State:Himachal Pradesh
City:Solan
Area:Kasauli
Asset Category:Residential
Punjab National Bank presents a SARFAESI auction for a residential house in the scenic town of Kasauli, Solan, Himachal Pradesh. This is a prime opportunity to acquire a property in a sought-after location. The auction starts on August 12, 2025, at 11:00 AM and concludes at 04:00 PM on the same day. The reserve price for this asset is INR 26,10,000, with an Earnest Money Deposit (EMD) of INR 2,61,000 required to participate. This auction is conducted under the SARFAESI Act, 2002, for the property mortgaged by Mr. Sh. Partap Singh.
Borrower Name:Mr. Sh. Partap Singh
Auction Type:SARFAESI Auction
Mr. Sh. Rajeev Minhas : 701 8498637