Plant & Machinery for auction Lahar Thakran Palampur 10 lakh State Bank of India

Property for Auction in Palampur, Kangra, Himachal Pradesh

Recommendation
Calculated OpportunityScore: 6.5
Possession
Physical
Reserve Price
9,89,971
Reserve Price
9,89,971
EMD Required
99,000
Property Specifications
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plant & Machinery
Location IconLocation:
Palampur, Kangra
Auction Date IconAuction Date:
25-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:612213

Bank Name:State Bank of India

Branch Name:Stressed Asset Recovery Branch - Shimla

Reserve Price:9,89,971

EMD:99,000

Bid Increment:10,000

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:2025-11-25

Property Description

This auction features a diverse lot of scrap, plant, and machinery located in Palampur, Kangra, Himachal Pradesh. Ideal for businesses looking to acquire industrial equipment at competitive prices, this SARFAESI auction is conducted by the State Bank of India. The assets belonged to the borrower M/s Interphase Decor. Don't miss this opportunity to acquire valuable industrial components.

State:Himachal Pradesh

City:Kangra

Area:Palampur

Asset Category:Scrap, Plant & Machinery

Full Address:Village Lahar Thakran, P.O. Kahanpat, Tehsil Palampur, Distt. Kangra, Himachal Pradesh-176001, Lahar Thakran, Palampur

Auction Description

State Bank of India presents a SARFAESI auction for scrap, plant, and machinery in Palampur, Kangra. The auction begins on November 25, 2025, at 11:00 AM and concludes on the same day at 04:00 PM. The reserve price for this valuable collection of industrial assets is ₹9,89,971.00, with an Earnest Money Deposit (EMD) of ₹99,000.00 required to participate. Secure your bid in this opportunity to acquire essential plant and machinery.

Borrower Name:M/s Interphase Decor

Auction Type:SARFAESI Auction

Guarantor Names:Sh. Amit Dewan, Sh. Ajay Sood, Sh. Anil Kumar Sood

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

This plant and machinery auction in Palampur represents a calculated opportunity, given its location and the sector it serves. The relatively low reserve price and EMD make it accessible, but potential buyers should conduct thorough due diligence on the machinery's condition. The location in Kangra, Himachal Pradesh, might offer long-term investment potential.

Contact Details

Branch:Branch Office : Stressed Asset Recovery Branch - Shimla

Service Provider:BAANKNET

Contact Details:

Contact no:82199-96108

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