Property for Auction in Baddi, Solan, Himachal Pradesh
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
Submission Date:28-11-2025 04:00 PM
Bid Start Date:2025-11-29
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Regional Office: Shimla
Service Provider:BAANKNET
Contact Details:
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