House for auction - Three Storey House consisting One Co-Par - Tehsil - Mandi by Canara

Discover a promising residential asset located in the serene Tehsil Sadar area of Mandi, Himachal Pradesh. This property, a part of a three-storey house, features a ground-floor unit comprising two bedrooms, a kitchen, and one toilet, along with the benefit of one co-parking space. Situated on land with Khata/Khewat No. 320 and Khatoni No. 374, this dwelling offers a substantial land share of 55.27 square meters. The location in Mauza Sain, Hadbast No. 366/1, provides a tranquil living environment within the Mandi district, renowned for its scenic beauty and developing infrastructure. This property represents an excellent prospect for new buyers seeking to invest in a home with inherent potential for enhancement and future appreciation in a sought-after Himalayan region. Its current classification as a residential asset underscores its suitability for personal use or rental income generation.

This listing presents a prime opportunity to acquire a residential property through a SARFAESI auction conducted by Canara Bank. The auction will commence on July 31, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. A key requirement for participation is the submission of applications by 5:00 PM on July 30, 2025. Prospective bidders must be aware of the Earnest Money Deposit (EMD) of INR 185,000, which is 10% of the reserve price of INR 1,850,000. This process is managed by BAANKNET, a reputable service provider. For further details and to review the sale notice, please refer to the provided URL. Inquiries can be directed to the Recovery & Legal Section of Canara Bank's Circle Office, with contact persons Sh. Munish Bhatia, Senior Manager, available at 8091502064 or 8580601020. Understanding these procedural aspects is crucial for a smooth bidding experience.