Property for Auction in Muhal Randhara, Mandi, Himachal Pradesh
Auction ID:532415
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹9,25,000
EMD:₹92,500
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:30 AM
Discover a prime land opportunity located in the scenic Muhal Randhara area of Mandi, Himachal Pradesh. This property, described as residential, comprises a 1/6 share of land measuring 00 Bigha 16 Biswa 13 Biswansi, within Khewat/Khatoni No. 105/159 and Khasra No. 1349/365. Situated in Hasbast No. 110, this parcel offers significant potential for development, whether for residential purposes, agricultural use, or future investment, capitalizing on the serene Himalayan environment. The Jamabandi for the year 2019-20 confirms the land details, providing a clear legal standing. Mandi district, known for its natural beauty and growing infrastructure, offers a strategic location with access to essential amenities and a peaceful lifestyle. This land represents a valuable acquisition for those looking to invest in the rapidly developing real estate landscape of Himachal Pradesh, blending natural charm with investment potential.
State:Himachal Pradesh
City:Mandi
Area:Muhal Randhara
Asset Category:Residential
This auction presents a unique opportunity to acquire a parcel of land through Canara Bank's SARFAESI process. The auction is scheduled to commence on July 31, 2025, with bidding open from 11:30 AM to 12:30 PM. Interested parties are required to submit their applications by 5:00 PM on July 30, 2025. A crucial aspect for participation is the Earnest Money Deposit (EMD) of ₹92,500, which is 10% of the reserve price of ₹9,25,000. This transparent process, managed by BAANKNET, ensures all eligible bidders can participate effectively. For specific queries regarding the auction or the property, prospective buyers are encouraged to contact Sh. Munish Bhatia, Senior Manager, at the provided contact numbers. Further detailed information and the official sale notice can be accessed via the provided URLs, offering a comprehensive overview of the terms and conditions for this land acquisition.
Borrower Name:Sh. Rajinder Singh
Auction Type:SARFAESI Auction
Contact Branch, Sh. Munish Bhatia, Senior Manager, Μ.: 8091502064, 8580601020