Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.9
Auction ID:611761
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹26,10,000
EMD:₹2,61,000
Auction Time:12:30 PM to 01:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2023-11-07
Property Description
This auction features a prime parcel of land located in Sundernagar, Mandi, Himachal Pradesh. Ideal for residential development, this plot offers a great opportunity to own a piece of this scenic region. The property is situated in a well-connected area with access to local amenities. Don't miss this chance to acquire valuable real estate.
State:Himachal Pradesh
City:Mandi
Area:Sundernagar
Asset Category:Residential
Full Address:Muhal Bhojpur/26/6, Tehsil Sunder Nagar, Distt Mandi, H.P., Sundernagar, Mandi
Size:42.46 Sq. Mtrs
Auction Description
Canara Bank presents a SARFAESI auction for a land property in Sundernagar, Mandi. The auction will commence on November 20, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this asset is ₹26,10,000, with an EMD of ₹2,61,000 required to participate. This is a public auction opportunity for M/s Soha Traders' asset.
Borrower Name:M/s Soha Traders
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land in Sundernagar presents a calculated opportunity due to its location in Mandi and reasonable reserve price. While not a prime investment, the accessible pricing and potential for development warrant consideration. Investors should assess local market trends and development plans to gauge long-term value.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Sh. Rajesh Kumar
Contact no:9418042255
