Property for Auction in Kasauli, Solan, Himachal Pradesh
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
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:30 AM
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
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
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
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