Property for Auction in Palampur, Kangra, Himachal Pradesh
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
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Stressed Asset Recovery Branch - Shimla
Service Provider:BAANKNET
Contact Details:
Contact no:82199-96108