Plot for auction 8 Kotli, Mandi by Canara

The property for auction is a parcel of land situated in Mauja Nalson, Muhal Kasan, within Tehsil Kotli, District Mandi, Himachal Pradesh. Specifically, it encompasses Khata/Khewat No 8 Min/9 Min and bearing Khasra No 477/1, measuring approximately 00-01-12 Bigha. This plot represents a blank canvas for development, offering the potential to construct a residential dwelling in a picturesque Himalayan setting. Its location in Kotli, Mandi, benefits from the tranquil environment characteristic of Himachal Pradesh, making it an attractive prospect for those seeking a peaceful retreat or a base for exploring the region's natural attractions. The description includes rights to existing and future constructions, along with associated easements, providing a comprehensive ownership package. This asset category is listed as residential, indicating its suitability for building a home or holiday residence, and presents a valuable opportunity for first-time buyers looking to invest in land in a desirable geographical area.

This SARFAESI auction presents a unique opportunity to acquire a residential plot located in the serene Kotli area of Mandi, Himachal Pradesh. The property, identified by Khasra No 477/1, is offered by Canara Bank with a reserve price of ₹5,65,000 and an Earnest Money Deposit (EMD) of ₹56,500. The auction process is straightforward, culminating on July 31, 2025, between 11:30 AM and 12:30 PM. Prospective buyers are advised to submit their applications by July 30, 2025, 05:00 PM. For detailed terms and conditions, including property specifics and the sale notice, please refer to the provided URL. This is an excellent chance for new buyers to enter the property market in a scenic location, potentially benefiting from the region's natural beauty and developing infrastructure. Engaging directly with the Recovery & Legal Section of Canara Bank, Circle Office, or contacting Sh. Munish Bhatia, Senior Manager, at the provided mobile numbers will offer further clarity on the bidding process and property particulars.