Property for Auction in Saproon, Solan, Himachal Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614377
Bank Name:The Baghat Urban Co-Op Bank Ltd
Branch Name:Solan
Reserve Price:₹33,86,000
EMD:₹3,38,600
Bid Increment:₹30,000
Auction Time:11:00 AM to 12:00 Noon
Service Provider:bankauctions.in
Submission Date:2025-11-19
Bid Start Date:2025-11-20
This auction features a residential land and building located in the prime area of Saproon, Solan, Himachal Pradesh. The property is being auctioned by The Baghat Urban Co-Op Bank Ltd due to the default of borrower Mr. Naresh Kumar. This is an excellent opportunity to acquire a property in a desirable location, suitable for residential purposes. The property details and exact location will be further clarified by the bank.
State:Himachal Pradesh
City:Solan
Area:Saproon
Asset Category:Residential
Full Address:Mauza Mohal Saproon, Tehsil & District Solan HP, Saproon, Solan
Size:180 SQM
The Baghat Urban Co-Op Bank Ltd is conducting a SARFAESI auction for a land and building property in Saproon, Solan, Himachal Pradesh. The auction will commence on November 20, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price for this auction is ₹33,86,000.00, with an Earnest Money Deposit (EMD) of ₹3,38,600.00 required to participate. This is a secured creditor's auction under the SARFAESI Act.
Borrower Name:Mr. Naresh Kumar
Auction Type:SARFAESI Auction
Encumbrance Details:Not Known to Bank
The property is located in Saproon, Solan, offering a decent investment opportunity with a moderate reserve price. While the location is not a major metropolitan area, the land and building could be suitable for development or personal use. The terms of the auction appear standard, warranting a calculated approach to bidding.
Branch:Branch Office : Solan
Service Provider:bankauctions.in
Contact Details:
Contact no:98052-00422&98052-00438