Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614637
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch - Shimla
Reserve Price:₹62,64,000
EMD:₹6,26,400
Bid Increment:₹20,000
Auction Time:11:00 HRS. TO 16:00 HRS.
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
This is a land parcel located in Barsar, Hamirpur, Himachal Pradesh, offered for auction by the State Bank of India. The property falls under the SARFAESI Act and is categorized as residential land. It is an excellent opportunity to acquire real estate in a developing area.
State:Himachal Pradesh
City:Hamirpur
Area:Barsar
Asset Category:Residential
Full Address:Tikka Baroli, Tappa Bani, Tehsil Barsar, Distt. Hamirpur, H.P., Baroli, Hamirpur
Size:0-02-36 Hectares
Auction Description
State Bank of India is conducting a SARFAESI auction for a residential land parcel in Barsar, Hamirpur, Himachal Pradesh. The auction will take place on November 25, 2025, from 11:00 AM to 4:00 PM. The reserve price for this property is INR 62,64,000, with an Earnest Money Deposit (EMD) of INR 6,26,400. This is a sealed bid auction.
Borrower Name:M/s Sharma Electronics and Steel
Auction Type:SARFAESI Auction
Guarantor Names:M/s Sachin Trading Co., Smt. Veena Wio Sh. Jeet Ram, Sh. Jeet Ram Sio Sh. Sita Ram, Smt. Veena Wio Sh. Jeet Ram, Sh. Jeet Ram Sio Sita Ram
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land's location in Hamirpur and the established auction details make it a calculated opportunity. While the reserve price should be assessed against local market values, the accessibility and clear auction terms increase its appeal.
Contact Details
Branch:Branch Office : Stressed Asset Recovery Branch - Shimla
Service Provider:BAANKNET
Contact Details:
Contact no:82199-96108
