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Commercial in Narkanda

Narkanda

Reserve price
₹4.16 Cr
Auction date
06 Mar 2026
11:00 AM
EMD deadline
15 Jul 2025
3:00 PM
Bid increment
₹1,00,000.00

Location details

Property Address
Hotel M/s Aarav Regency built on the Land comprised in Khata Khatoni No 31/43, Khasra No 298 Total Measuring 00-04-61 hectares, situated in Mohal Kingal, P/c Zar, Hadbast No 106 Tehsil Kumarsain according to Nakal Zamabandi for the year 2012-13 in the name of Smt Shilpa Verma W/o Sh Suresh Kumar. Pin Code of property is 172024
City: Narkanda
District: Shimla
State: Himachal Pradesh
Pin Code: 171213
Country: India

Auction timeline

Auction starts
06 Mar 2026 at 11:00 AM
Auction ends
06 Mar 2026 at 4:00 PM
EMD submission deadline
15 Jul 2025 at 3:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Shops
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹3.69 Cr
Property Identifiers
Bank Property ID
PUNB083140000070
Collateral ID
04V23502728

Property Images

Price history

7 previous auctions
₹4.4Cr19 Sep₹4.0Cr₹4.1Cr₹3.7Cr₹4.2CrNow 6.3% down
₹3,68,93,700.00
15 Jul 2025
Commercial
Punjab National Bank logoPunjab National BankPossession: Physical
₹3,68,93,700.00
25 Mar 2025
Commercial
Punjab National Bank logoPunjab National BankPossession: Physical
₹4,09,93,000.00
7 Feb 2025
Commercial
Punjab National Bank logoPunjab National BankPossession: Physical

Borrower & Loan details

Borrower Name
M/s Aarav Regency
Registered Address of Borrower
Near Petrol Pump, Kingal, Kumarsain, Teh. Kumarsain, Distt. Shimla HP-172029
Owner
Shilpa Verma W/o Sh Suresh Kumar
Co-Borrower(s)
Shilpa Verma W/o Sh Suresh Kumar
Guarantor
Suresh Verma S/o Hem Dass
NPA Amount
₹2.87 Cr
NPA Date
21 Mar 2023
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
04V23502728
Customer ID
C00041378
Guarantor Address
Sh Suresh Verma S/o Hem Dass. R/o Village Shiwan, Teh & Distt. Kumarsain HP 172027
Demand Notice
Notice Date
01 Apr 2023
Notice Amount
₹2.87 Cr
Asset Classification
Classification Date
31 Mar 2024
Classification ID
3
Possession Dates
Physical
26 Jul 2024

Additional details

Description
Hotel M/s Aarav Regency built on the Land comprised in Khata Khatoni No 31/43, Khasra No 298 Total Measuring 00-04-61 hectares, situated in Mohal Kingal, P/c Zar, Hadbast No 106 Tehsil Kumarsain according to Nakal Zamabandi for the year 2012-13 in the name of Smt Shilpa Verma W/o Sh Suresh Kumar. Pin code of property is 172024

EMD Schedule

EMD Start
20 Feb 2026
4:56 PM
EMD Deadline
06 Mar 2026
3:00 PM
Payment Deadline
15 Jul 2025

Inspection Schedule

Inspection Start
21 Feb 2026
10:00 AM
Inspection End
05 Mar 2026
4:00 PM

Officer Details

Authorized Officer
RASHMI GAHLOT
Authorised Officer - Scale - IV - CM
Dealing Officer
Kshitij Mehta

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
04V23502728
Property ID
PUNB083140000070
Punjab National Bank logo
Punjab National Bank
Verified seller
Branch: ARMB SHIMLA 831400
IFSC: PUNB

Bank contact

+91 98109 91131+91 98161 31547
Branch Address
REGENT HOUSE,THE MALL ROAD
Branch IFSC
PUNB0831400
Department
ARMB SHIMLA 831400