Property for Auction in Manali, Kullu, Himachal Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613441
Bank Name:Punjab National Bank
Branch Name:Registered office
Reserve Price:₹43,00,000
EMD:₹4,30,000
Bid Increment:₹50,000
Auction Time:11:00 A.M. to 04:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-26
Bid Start Date:2025-11-26
This auction features a valuable Land and Building asset located in the scenic area of Manali, Kullu, Himachal Pradesh. The property is being auctioned by Punjab National Bank under SARFAESI regulations. Suitable for residential purposes, this is a unique opportunity to acquire property in a sought-after location. The reserve price is set at INR 43,00,000, with an EMD of INR 4,30,000. Don't miss this chance to invest in a prime Himachal Pradesh property.
State:Himachal Pradesh
City:Kullu
Area:Manali
Asset Category:Residential
Full Address:Phati Sajla Kothi Barshai Tehsil Manali Distt. Kullu Hp, Manali, Kullu
Size:0-02-46 Hectare
Punjab National Bank is conducting a SARFAESI auction for a Land and Building property in Manali, Kullu, Himachal Pradesh. The auction will take place on 26-11-2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this residential asset, formerly belonging to SMT RITU RAJ, is INR 43,00,000, and the Earnest Money Deposit (EMD) is INR 4,30,000. This is a significant opportunity to bid on a desirable property in a popular tourist destination.
Borrower Name:SMT RITU RAJ
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is located in a desirable tourist location. However, the symbolic possession and unknown encumbrances introduce some risk. It's a calculated opportunity suitable for investors familiar with the area and comfortable with potential challenges.
Branch:Branch Office : Registered office
Service Provider:BAANKNET
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