Plot for Auction Kumarsain Shimla 3.8 Crore by Punjab National Bank 26 Jun 2026
Kumarsain, Shimla
Area: 461.0 sq. mtrs
Hotel M/S Aarav Regency, Land comprised in khata khatoni no. 31/43, khasra no. 298, Mohal Kingal, P/c Zar, Hadbast No. 106, Tehsil-Kumarsain, Dist.Shimla, Himachal Pradesh.
Punjab National Bank · CO SAM
Reserve price
₹3,75,00,000
EMD ₹37,50,000
Auction date
26 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 461.0 sq. mtrs
- ▸Locality: Kumarsain
- ▸Reserve: ₹3,75,00,000
- ▸EMD: ₹37,50,000
Auction snapshot
| Possession | Physical |
| Property type | Plot · Residential |
| Locality | Kumarsain |
| Built-up / plot area | 461.0 sq. mtrs |
| Lender | Punjab National Bank |
| Branch | CO SAM |
| Unit / flat no. | Khata Khatoni No. 31/43, Khasra No. 298 |
| Building / society | Hotel M/S Aarav Regency |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Kumarsain, Shimla by Punjab National Bank — reserve price ₹3,75,00,000, 461.0 sq. mtrs, Physical possession.
Seize a prime investment opportunity with this bank auction property: Hotel M/S Aarav Regency, situated on a substantial plot in Kumarsain, Shimla, Himachal Pradesh. The property spans 461 sq. mtrs (0.0461 hectares) identified by Khata Khatoni No. 31/43 and Khasra No. 298, within Mohal Kingal, P/c Zar, Hadbast No. 106, Tehsil-Kumarsain. Offered by Punjab National Bank, the reserve price is ₹3,75,00,000, with an EMD of ₹37,50,000. Crucially, physical possession has been taken on 26.07.2024, ensuring a smooth transition for the buyer. The e-auction is scheduled for June 26, 2026, from 11:00 AM to 04:00 PM. This commercial hotel property for sale in the scenic Shimla region presents an excellent asset acquisition chance.
GeoSquare note: This commercial hotel property in Kumarsain, Shimla, offers a strong investment opportunity, especially given its strategic location in a popular tourist destination. The physical possession status is a significant advantage, minimizing potential legal complexities for the buyer. With a reserve price of ₹3.75 Crores, it represents a compelling asset for acquisition at a bank auction.
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