Shop for auction Kasauli Solan 29 lakh Canara Bank

Property for Auction in Kasauli, Solan, Himachal Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
18.58 Sq. Meters
Reserve Price
29,24,000
Reserve Price
29,24,000
EMD Required
2,92,400
Property Specifications
Size18.58 Sq. Meters
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Commercial Shop
Location IconLocation:
Kasauli, Solan
Auction Date IconAuction Date:
20-11-2025 11:30 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:611763

Bank Name:Canara Bank

Branch Name:Recovery & Legal Section, Circle Office

Reserve Price:29,24,000

EMD:2,92,400

Service Provider:BAANKNET

Important Dates

Submission Date:19-11-2025 05:00 PM

Bid Start Date:20-11-2025 11:30 AM

Property Description

A prime commercial shop located in the picturesque town of Kasauli, Solan, Himachal Pradesh. This property, offered by Canara Bank, presents an excellent investment opportunity in a sought-after tourist destination. Ideal for retail or service-based businesses, its strategic location promises good footfall and visibility. The property is being auctioned under the SARFAESI Act. Secure this valuable asset in a rapidly developing area.

State:Himachal Pradesh

City:Solan

Area:Kasauli

Asset Category:Commercial

Full Address:Mohal Dangyar, Hadbast No. 950, Tehsil Kasauli, District Solan, Himachal Pradesh, Kasauli, Solan

Size:18.58 Sq. Meters

Auction Description

Canara Bank is pleased to announce a SARFAESI auction for a commercial shop in Kasauli, Solan, Himachal Pradesh. 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 attractive commercial property is INR 29,24,000, with an Earnest Money Deposit (EMD) of INR 2,92,400 required to participate. Don't miss this chance to acquire a commercial asset in a prime location.

Borrower Name:M/s Durga Enterprises

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The commercial shop in Kasauli presents a calculated opportunity due to its location and potential for local business. While the reserve price seems reasonable, further due diligence is necessary to assess local market conditions. The symbolic possession status adds a layer of risk that needs consideration.

Contact Details

Branch:Branch Office : Recovery & Legal Section, Circle Office

Service Provider:BAANKNET

Contact Details:

Contact no: —

Discover Similar Auctions

Videos