Tathangchen Block, Tathangchen Ellaka, East Sikkim
Gangtok, Sikkim
This commercial property in Gangtok, Sikkim is up for auction by Punjab National Bank, at a reserve price of ₹20.71 Cr. The stated extent is 0.68 acres. An earnest-money deposit of ₹2.07 Cr is due by 26 Oct 2026, 04:00 PM IST. Bidding opens on 27 Oct 2026, 10:00 AM IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.
Open the full listingSale notice (PDF)View on the official portal
Auction details
| Reserve price | ₹20.71 Cr |
|---|---|
| EMD amount | ₹2.07 Cr |
| Auction starts | 27 Oct 2026, 10:00 AM IST |
| Auction ends | 27 Oct 2026, 04:00 PM IST |
| EMD deadline | 26 Oct 2026, 04:00 PM IST |
| Bank | Punjab National Bank |
| Branch | ARMB NEW JALPAIGURI (SILIGURI) 828900 |
| Property type | Commercial |
| Sub type | Hotel |
| Extent | 0.68 acres |
| PIN code | 737103 |
| Status | Upcoming |
| Bank property ID | PUNBU65710485TEMPO |
| Type of auction | Under SARFAESI |
| Possession | Symbolic |
| Borrower address | Tathangchen, Near White Hall, Behind Chief Minister’s Residence, Tathangchen Ellaka, Gangtok, East Sikkim, Sikkim- 737103 |
| Authorised officer | Jibangshu Paul (Authorised Officer - Scale - IV - CM) |
| Inspection contact | jibangshu paul · 9954565305 |
| Bid increment | ₹50,000 |
| Auto-extension | Extends 5 min on a bid in the last 5 min |
| EMD window opens | 15 Oct 2026, 16:31 |
More auctions in Gangtok
See all bank auctions in Gangtok, Sikkim →This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.