Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614342
Bank Name:The Baghat Urban Co-Op Bank Ltd
Branch Name:Solan
Reserve Price:₹32,24,000
EMD:₹3,22,400
Bid Increment:₹50,000
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 is a prime piece of land located in Mauza Gun Ki Ser, Solan, Himachal Pradesh. Classified under the Residential asset category, this property is being auctioned by The Baghat Urban Co-Op Bank Ltd under SARFAESI rules. The land is offered as part of the liquidation of assets related to M/s Shoolini Associates.
State:Himachal Pradesh
City:Solan
Area:Mauza Gun Ki Ser
Asset Category:Residential
Full Address:Mauza Gun Ki Ser, Tehsil & District Solan, H.P., Gun Ki Ser, Solan
Size:01-14 Bigha
Auction Description
The Baghat Urban Co-Op Bank Ltd presents an SARFAESI auction for a residential land parcel in Mauza Gun Ki Ser, Solan, Himachal Pradesh. The auction will take place on November 20, 2025, commencing at 11:00 AM and concluding at 12:00 PM. The reserve price for this auction is ₹32,24,000, with an Earnest Money Deposit (EMD) of ₹3,22,400 required to participate. This is a significant opportunity to acquire land in a developing area.
Borrower Name:M/s Shoolini Associates
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Prashant Chauhan, Mr. Darshan Kumar
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The land offers a decent investment opportunity given its location in Solan, Himachal Pradesh. The reserve price appears reasonable, but potential investors should carefully assess the land's usability and local market conditions. The auction terms are standard, making it a calculated risk for those familiar with the area.
Contact Details
Branch:Branch Office : Solan
Service Provider:bankauctions.in
Contact Details:
Contact no:98052-00422&98052-00438
