All auctions / Sikkim / Gangtok
27Oct
Hotel for sale in Gangtok
Gangtok, Sikkim – 737103
Punjab National Bank · ARMB NEW JALPAIGURI (SILIGURI) 828900
- Reserve price
- ₹20,70,90,000
- EMD
- ₹2,07,09,000
- Bid increment
- ₹50,000
- Area
- 29,621 sq ft
- Price per sq ft
- ₹6,991
Key dates
- Pay EMD and submit bid by26 Oct 2026, 4:00 PM
- Auction27 Oct 2026, 10:00 AM – 4:00 PM · in 10 days
What you'd pay at the reserve price
- EMD, before the auction
- ₹2,07,09,000
- Rest of 25% when you win (same or next day)
- ₹3,10,63,500
- Balance 75%, usually within 15 days
- ₹15,53,17,500
- Stamp duty and registration (about 5–8%, varies by state)
- ₹1.04 Cr – ₹1.66 Cr
You may bid above the reserve in steps of ₹50,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.
Property
- Type
- Commercial · Hotel
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- Tathangchen Block, Tathangchen Ellaka, East Sikkim
- Borrower
- TEMPO REGENCY