Land for auction 53 Tehsil Sadar, Tehsil, Mandi by Canara

The property on offer is a substantial land parcel situated in the scenic Tehsil Sadar of Mandi district, Himachal Pradesh. Specifically, it is identified within Khewat Khatauni No. 51/53, Kita 11, measuring 10 Bighas and 10 Biswas, with a defined share of 1 Bigha, 15 Biswas, and 4 Biswas in the name of Man Singh. This land, located in Muhal Chipnu, Patwar Circle Chipnu, Hadbast No. 367, represents a significant real estate asset in a region known for its natural beauty and growing potential. The description also includes all existing and future constructions and superstructures, along with associated rights and easements, indicating a comprehensive ownership package. For new investors, this property presents a unique chance to acquire a sizable tract of land in a tranquil yet accessible location, suitable for a variety of development ventures, from building a dream home to undertaking agricultural or commercial projects. Its classification as residential property suggests a potential focus for future development, making it an attractive proposition for those looking to invest in land with long-term growth prospects in Himachal Pradesh.

This presents a compelling opportunity to acquire a significant parcel of land through a SARFAESI auction conducted by Canara Bank. The auction is scheduled for July 31, 2025, with bidding open from 11:30 AM to 12:30 PM. Prospective buyers are required to submit their applications by 5:00 PM on July 30, 2025. The reserve price for this land, located in Tehsil Sadar, District Mandi, Himachal Pradesh, is set at ₹30,68,500, with an Earnest Money Deposit (EMD) of ₹3,06,850. The property comprises 10 Bighas and 5 Biswas (approximately 53,100 sq ft or 1.22 acres), with a specific share of 1 Bigha, 15 Biswas, and 4 Biswas (approximately 9,600 sq ft or 0.22 acres) belonging to Man Singh. This land, situated in Muhal Chipnu, Patwar Circle Chipnu, offers considerable potential for development, be it residential, agricultural, or commercial, given its substantial size and location in a developing region. Interested parties are advised to review the detailed sale notice available online and ensure all application requirements are met before the deadline.