Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612206
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch - Shimla
Reserve Price:₹25,52,000
EMD:₹2,55,200
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
Prime agricultural land located in Bhaldwara, Mandi, Himachal Pradesh. This plot offers a fantastic opportunity for development or agricultural investment in a growing region. The land is situated in a desirable area with good accessibility. Ideal for those looking to own a piece of Himachal Pradesh's natural beauty and potential economic growth.
State:Himachal Pradesh
City:Mandi
Area:Bhaldwara
Asset Category:Residential
Full Address:Mohal Remehra/467, Tehsil Bhaldwara, Distt Mandi (H.P.), Bhaldwara, Mandi
Size:14-36 Hectares
Auction Description
The State Bank of India presents a SARFAESI auction for land in Bhaldwara, Mandi. This is a fantastic opportunity to acquire valuable property with a reserve price of ₹25,52,000 and an EMD of ₹2,55,200. The auction will be conducted online on 25-11-2025, starting at 11:00 AM and concluding at 04:00 PM. Don't miss this chance to invest in Himachal Pradesh.
Borrower Name:M/s Maa Santoshi Floor Mill
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Nisha Kumari, Smt. Nisha Kumari
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land offers potential due to its size and location in Himachal Pradesh, though its leasehold status expiring in 2030 requires careful consideration. The reserve price is relatively reasonable, but potential investors should factor in the remaining lease duration. A calculated approach is advised, considering the auction terms and potential long-term value.
Contact Details
Branch:Branch Office : Stressed Asset Recovery Branch - Shimla
Service Provider:BAANKNET
Contact Details:
Contact no:82199-96108
