Property for Auction in Kothi Raison, Kullu, Himachal Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612214
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch - Shimla
Reserve Price:₹42,63,000
EMD:₹4,26,300
Bid Increment:₹20,000
Auction Time:11:00 HRS. TO 16:00 HRS.
Service Provider:BAANKNET
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-26
State Bank of India presents a unique land auction opportunity in the scenic Kothi Raison area of Kullu, Himachal Pradesh. This residential land parcel, previously associated with Mis Ruchi Medical Store, offers a prime location in a highly sought-after region. Ideal for developers or individuals looking to build their dream home amidst the natural beauty of Kullu, this property is being auctioned under the SARFAESI Act. Don't miss this chance to acquire valuable land in a picturesque setting.
State:Himachal Pradesh
City:Kullu
Area:Kothi Raison
Asset Category:Residential
Full Address:Kothi Raison, Tehsil & Distt Kullu, H.P., Kothi Raison, Kullu
Size:00-04-03 Hectare
State Bank of India is conducting an online SARFAESI auction for a parcel of land located in Kothi Raison, Kullu, Himachal Pradesh. The auction will take place on November 25, 2025, with bidding open from 11:00 AM to 04:00 PM. The reserve price for this asset is ₹42,63,000, with an Earnest Money Deposit (EMD) of ₹4,26,300 required to participate. This is a significant opportunity to invest in real estate in the popular Kullu district.
Borrower Name:Mis Ruchi Medical Store
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Puran Dev Sharma, Sh. Hemant Sharma
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The land's location in Kullu, a popular tourist destination, adds to its appeal. While the reserve price is moderate, potential buyers should assess the land's usability and local market conditions before bidding. Given the physical possession status and clear auction terms, it presents a calculated opportunity for investors.
Branch:Branch Office : Stressed Asset Recovery Branch - Shimla
Service Provider:BAANKNET
Contact Details:
Contact no:82199-96108