Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614356
Bank Name:The Baghat Urban Co-Op Bank Ltd
Branch Name:Solan
Reserve Price:₹78,10,000
EMD:₹7,81,000
Bid Increment:₹1,00,000
Auction Time:11:00 A.M. to 12:00 Noon
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This auction features a prime piece of land in Ghadsi, Solan, Himachal Pradesh. Classified under the residential asset category, this property is offered by The Baghat Urban Co-Op Bank Ltd. It presents a significant opportunity for development or investment in a sought-after region.
State:Himachal Pradesh
City:Solan
Area:Ghadsi
Asset Category:Residential
Full Address:Mauza Ghadsi, Tehsil & Distt Solan, H.P., Ghadsi, Solan
Size:0-17 Bigha
Auction Description
The Baghat Urban Co-Op Bank Ltd is conducting a SARFAESI auction for land in Ghadsi, Solan, Himachal Pradesh. The auction will commence on 20-11-2025 at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price for this auction is ₹78,10,000, with an Earnest Money Deposit (EMD) of ₹7,81,000. This is a unique chance to acquire a valuable asset through a bank auction.
Borrower Name:M/s Royal Associates
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sunil Kumar, Mr. Khem Lal
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in a developing area of Solan. The reserve price seems reasonable, but potential buyers should carefully assess the development potential and local market conditions before bidding. The auction terms are standard, making it a calculated investment opportunity.
Contact Details
Branch:Branch Office : Solan
Service Provider:bankauctions.in
Contact Details:
Contact no:98052-00422
