Land for auction Kishanpura Solan 1 Cr Central Bank of India

Property for Auction in Baddi, Solan, Himachal Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Reserve Price
1,15,00,000
Reserve Price
1,15,00,000
EMD Required
11,50,000
Property Specifications
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Baddi, Solan
Auction Date IconAuction Date:
29-11-2025 12:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:613003

Bank Name:Central Bank of India

Branch Name:Regional Office: Shimla

Reserve Price:1,15,00,000

EMD:11,50,000

Bid Increment:1,00,000

Auction Time:12:00 PM to 04:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:28-11-2025 04:00 PM

Bid Start Date:2025-11-29

Property Description

A prime plot of land located in Baddi, Solan, Himachal Pradesh, offered by the Central Bank of India. This land parcel, categorized as residential, presents a significant opportunity for development or investment in a growing industrial and commercial hub. Situated in a well-connected area, it benefits from the region's economic activity and infrastructure. The property is being auctioned under the SARFAESI Act, providing a clear title and a straightforward transaction process. Ideal for builders, developers, or individuals seeking to own a substantial piece of real estate in a sought-after location.

State:Himachal Pradesh

City:Solan

Area:Baddi

Asset Category:Residential

Full Address:Village Kishanpura Thana, Tehsil Baddi, Distt Solan, Kishanpura, Solan

Auction Description

The Central Bank of India is conducting a SARFAESI auction for a valuable parcel of land in Baddi, Solan, Himachal Pradesh. The auction will commence on November 29, 2025, at 12:00 PM and conclude at 4:00 PM on the same day. The reserve price for this residential land is ₹1,15,00,000, with an Earnest Money Deposit (EMD) of ₹11,50,000 required to participate. This is a unique opportunity to acquire a significant asset from M/S Mughal Gourmet. Ensure all necessary documentation and financial arrangements are in place prior to the auction start time.

Borrower Name:M/S Mughal Gourmet

Auction Type:SARFAESI Auction

Guarantor Names:M/s Humane Biotech through its Partner (1) Mr. Himanshu Wadhwa S/o Harish Wadhwa Partner, Mrs. Anita Wadhwa W/o Harish Wadhwa

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property is a land parcel in a developing area of Himachal Pradesh, offered at a moderate reserve price. While the location offers scenic advantages, potential bidders should assess the development potential and market demand. It's a calculated risk with possible returns based on future growth.

Contact Details

Branch:Branch Office : Regional Office: Shimla

Service Provider:BAANKNET

Contact Details:

Contact no: —

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