Land for auction 109 Pargana Kutian-1 Tehsil, Mauza, Solan by The Baghat Urban Co-Op Ba

Property for Auction in Mauza Shamti, Solan, Himachal Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Mauza Shamti, Solan
Auction Date IconAuction Date:
20-02-2025 11:00 AM

Auction Details

Auction ID:445001

Bank Name:The Baghat Urban Co-Op Bank Ltd

Branch Name:Solan

Reserve Price:27,45,000

EMD:2,74,500

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:19-02-2025 05:00 PM

Bid Start Date:20-02-2025 11:00 AM

Property Description

Discover a promising land opportunity in the picturesque region of Mauza Shamti, Solan, Himachal Pradesh. This residential land, part of a SARFAESI auction by The Baghat Urban Co-Op Bank Ltd, offers a unique chance to invest in a property situated in a tranquil and developing area. Solan, often referred to as the 'City of Beautifuls', provides an appealing environment with its natural beauty and access to essential amenities. The property itself, identified by Khata Khatauni No. 109/114min and Khasra No. 53, covers an area of 5 Biswa (equivalent to 5/11 share of the total land). Its classification as residential land opens avenues for various development projects, whether it’s constructing a dream home or pursuing a strategic investment. The location benefits from the general development trajectory of Himachal Pradesh, a state known for its tourism and growing economy. This parcel represents a chance to own a piece of this scenic landscape, promising a blend of peaceful living and potential growth for discerning buyers.

State:Himachal Pradesh

City:Solan

Area:Mauza Shamti

Asset Category:Residential

Auction Description

This auction presents a compelling opportunity to acquire a parcel of land located in the scenic Mauza Shamti, within the Solan district of Himachal Pradesh. As a SARFAESI auction conducted by The Baghat Urban Co-Op Bank Ltd, this process adheres to established legal frameworks for asset recovery. The property, identified by Khata Khatauni No. 109/114min and Khasra No. 53, spans an area of 5 Biswa, representing a 5/11 share of the total land. Solan, known for its pleasant climate and growing infrastructure, offers a desirable location with potential for future appreciation. This land parcel is categorized as residential, suggesting its suitability for various development purposes, from building a personal residence to potential investment ventures. Prospective buyers are encouraged to conduct thorough due diligence regarding land use, zoning regulations, and any encumbrances before participating. The auction process is facilitated by bankeauctions.com / C1 India, with a reserve price set at INR 2,745,000 and an Earnest Money Deposit (EMD) of INR 274,500.

Borrower Name:Mr. Naveen Verma

Auction Type:SARFAESI Auction

Contact Details

Contact No : 9805200438 / 01792-223076/ 226286/ 226103

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