Land for auction Kothi Raison Kullu 43 lakh State Bank of India

Property for Auction in Kothi Raison, Kullu, Himachal Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
00-04-03 Hectare
Reserve Price
42,63,000
Reserve Price
42,63,000
EMD Required
4,26,300
Property Specifications
Size00-04-03 Hectare
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Kothi Raison, Kullu
Auction Date IconAuction Date:
25-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:24-11-2025 05:00 PM

Bid Start Date:2025-11-26

Property Description

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

Auction Description

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

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Stressed Asset Recovery Branch - Shimla

Service Provider:BAANKNET

Contact Details:

Contact no:82199-96108

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