Land and Building for Auction Chambaghat Electronics Complex Solan 3.5 Crore by Bank of India 29 Jun 2026
Chambaghat, Electronics Complex, Solan
Area: 1300.0 sq. meters
Industrial Plot bearing Vasika No. 272, Book No. 1, Bhag 44, Page No. 99 dated 23.03.2005, Bahi No. 1, Khand 987, Page No. 50-64 Electronics Complex, Chamba Ghat, District Solan, Himachal Pradesh
Bank of India · Asset Recovery Branch
Reserve price
₹3,53,00,000
EMD ₹35,30,000
Auction date
29 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 1300.0 sq. meters
- ▸Locality: Chambaghat, Electronics Complex
- ▸Reserve: ₹3,53,00,000
- ▸EMD: ₹35,30,000
Auction snapshot
| Possession | Physical |
| Property type | Land And Building · Residential |
| Locality | Chambaghat, Electronics Complex |
| Built-up / plot area | 1300.0 sq. meters |
| Lender | Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Industrial Plot bearing Vasika No. 272 |
| Building / society | Electronics Complex |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Chambaghat, Electronics Complex, Solan by Bank of India — reserve price ₹3,53,00,000, 1300.0 sq. meters, Physical possession.
An exceptional opportunity to acquire an industrial property via bank auction. This physical possession industrial land and building, admeasuring 1300 sq. meters (leasehold rights), is strategically located in the Electronics Complex, Chambaghat, Solan, Himachal Pradesh. Offered by Bank of India, this industrial asset has a reserve price of ₹3,53,00,000.0 and requires an Earnest Money Deposit (EMD) of ₹35,30,000.0. The e-auction is scheduled for June 29, 2026, from 11:00 AM to 05:00 PM. Property inspection can be arranged on or before June 24, 2026. This bank auction property is ideal for businesses seeking an industrial setup in a developing hub.
GeoSquare note: This industrial property in Solan presents a strong investment opportunity, largely due to its 'Physical Possession' status, which simplifies the acquisition process. Solan is a growing industrial zone in Himachal Pradesh, making this 1300 sq. meter plot with building attractive for business expansion. The reserve price aligns with typical industrial property values in such regions. The physical possession and industrial nature make it a compelling option for a specific investor profile.
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