Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614371
Bank Name:The Baghat Urban Co-Op Bank Ltd
Branch Name:Solan
Reserve Price:₹4,50,000
EMD:₹45,000
Bid Increment:₹30,000
Auction Time:11:00 AM to 12:00 Noon
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This offering is for a prime Land and Building asset located in Palampur, Kangra, Himachal Pradesh. Ideal for residential use, this property presents a significant investment opportunity within a well-regarded area. The details provided indicate it is part of a SARFAESI auction initiated by The Baghat Urban Co-Op Bank Ltd. The property is associated with borrower Mr. Rohit Kumar.
State:Himachal Pradesh
City:Kangra
Area:Palampur
Asset Category:Residential
Full Address:Mohal Falehar, Mauza Deahan, Tehsil Palampur, District Kangra, H.P., Palampur, Kangra
Size:0.86 Hectare
Auction Description
The Baghat Urban Co-Op Bank Ltd is conducting a SARFAESI auction for a Land and Building property in Palampur, Kangra, Himachal Pradesh. The auction is scheduled for November 20, 2025, running from 11:00 AM to 12:00 PM. The reserve price for this residential asset is ₹4,50,000, with an Earnest Money Deposit (EMD) of ₹45,000 required to participate. This presents a clear opportunity for interested parties to acquire the property under specific auction terms.
Borrower Name:Mr. Rohit Kumar
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Palampur and the type of land and building provide a moderate investment opportunity. The reserve price of ₹450000 and the terms of the auction are reasonable. However, prospective buyers should carefully assess the encumbrance details and conduct a thorough due diligence process.
Contact Details
Branch:Branch Office : Solan
Service Provider:bankauctions.in
Contact Details:
Contact no:98052-00422&98052-00438
