Shop for auction Mohal Vikas Nagar Shimla 11 lakh The Baghat Urban Co-Op Bank Ltd

Property for Auction in Mohal Vikas Nagar, Shimla, Himachal Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Size
9.075 Sq. mtrs
Reserve Price
11,31,600
Reserve Price
11,31,600
EMD Required
1,13,160
Property Specifications
Size9.075 Sq. mtrs
Unit No.2A
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Commercial Shop
Location IconLocation:
Mohal Vikas Nagar, Shimla
Auction Date IconAuction Date:
20-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:614382

Bank Name:The Baghat Urban Co-Op Bank Ltd

Branch Name:Solan

Reserve Price:11,31,600

EMD:1,13,160

Bid Increment:30,000

Auction Time:11:00 AM to 12:00 Noon

Service Provider:bankauctions.in

Important Dates

Submission Date:19-11-2025 04:00 PM

Bid Start Date:2025-11-20

Property Description

A prime commercial shop located in the bustling area of Mohal Vikas Nagar, Shimla, Himachal Pradesh. This property is offered by The Baghat Urban Co-Op Bank Ltd as part of a SARFAESI auction. Ideal for business ventures, this asset presents a unique opportunity in a sought-after location. Don't miss out on acquiring this commercial space in the heart of Shimla.

State:Himachal Pradesh

City:Shimla

Area:Mohal Vikas Nagar

Asset Category:Commercial

Full Address:2A, Mohal Vikas Nagar, Tehsil Shimla Gramin, Distt. Shimla, H.P., Mohal Vikas Nagar, Shimla

Size:9.075 Sq. mtrs

Auction Description

The Baghat Urban Co-Op Bank Ltd is conducting a SARFAESI auction for a commercial shop in Mohal Vikas Nagar, Shimla, Himachal Pradesh. The auction is scheduled for November 20, 2025, running from 11:00 AM to 12:00 PM. The reserve price is INR 11,31,600, with an EMD of INR 1,13,160 required. This is a fantastic opportunity to bid on a commercial asset in a prominent urban area.

Borrower Name:Mr. Ajay Bhaskar

Auction Type:SARFAESI Auction

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

This commercial shop in Mohal Vikas Nagar presents a calculated opportunity due to its location and size. The reserve price seems reasonable, and the auction terms are standard. Further due diligence on the property's potential is recommended before bidding.

Contact Details

Branch:Branch Office : Solan

Service Provider:bankauctions.in

Contact Details:

Contact no:98052-00422

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