Land for auction 618 Tehsil Baddi, Baddi, Solan by The Baghat Urban Co-Op Ba

The Baghat Urban Co-Op Bank Ltd is facilitating the auction of a substantial land and building asset situated in the strategically important region of Baddi, Solan, Himachal Pradesh. This property, designated by Khata/Khatauni No. 125/132 and Khasra Nos. 618, 619, covers an area of 1 Bigha and 19 Biswa (approximately 1.19 Bigha) in Mauza Kunjahal, Hadbast No. 216. Baddi is a rapidly developing area with a strong industrial base, offering excellent connectivity and access to a growing market. This SARFAESI auction presents a unique chance for new property buyers to enter the real estate market with a property that holds considerable potential for appreciation and diverse utilization, given its residential asset category. The auction will commence on February 20, 2025, from 11:00 AM to 12:00 PM. The earnest money deposit (EMD) is set at INR 27,24,500, with a reserve price of INR 2,72,45,000. Interested parties must submit their applications by February 19, 2025, 05:00 PM. For further details and to participate, please refer to the service provider, bankeauctions.com / C1 India.

This presents a valuable opportunity to acquire a prime plot of land and building located in the burgeoning industrial and commercial hub of Baddi, within the Solan district of Himachal Pradesh. The property, identified by Khata/Khatauni No. 125/132 and Khasra Nos. 618, 619, spans an area of 1 Bigha and 19 Biswa (approximately 1.19 Bigha) in Mauza Kunjahal, Hadbast No. 216. Baddi is renowned for its significant industrial presence, making this an attractive prospect for developers or businesses seeking a strategic location with excellent growth potential. The asset category is residential, suggesting possibilities for diverse development or investment strategies. Prospective buyers are encouraged to conduct thorough due diligence regarding zoning, permitted land use, and any potential encumbrances to fully assess the property's value proposition and suitability for their investment goals. The auction process, governed by SARFAESI, ensures a transparent transaction for eligible bidders.