Tripura to Auction 10 NBFC Properties Worth ₹63.65 Crore

The Tripura government has announced an auction of 10 immovable properties linked to various non-banking financial companies (NBFCs).

The properties have a combined estimated value of ₹63.65 crore and are spread across six subdivisions in the state. The designated court has declared these properties absolute, allowing them to be included in the auction process.

The online auction will be conducted by MSTC Ltd, a Government of India enterprise, in Guwahati. The Directorate of Institutional Finance, Tripura, will supervise the process.

Online Bidding Scheduled for November 17

According to the official sale notice, the e-auction will take place on November 17, 2026.

Bidding will remain open from 11 am to 3:30 pm. Interested participants can inspect the listed properties until November 16.

The auction will cover properties located across six subdivisions. The available report identifies several major assets and their estimated valuations.

Rose Valley Properties Feature Among Major Auction Assets

Several properties belonging to the Rose Valley Group of Companies are included in the auction. These include:

• A 15.12-acre land parcel at Gokulnagar in Bishalgarh, valued at ₹13.23 crore.
• A separate 1.29-acre property belonging to the group, valued at ₹1.12 crore.
• Two 0.85-acre land parcels at Rajarbag in Udaipur, Gomati district, with a combined estimated value of ₹21.25 crore.

Another major property belongs to Basil International Ltd. The 0.25-acre plot is located in Agartala and has an estimated value of ₹10.16 crore. It is identified as the most valuable individual property in the reported auction list.

Also Read: Tripura Housing Scheme Explained For Construction Loan Support

Waris Group Property Also Included

The auction also includes a 12.46-acre land parcel belonging to the Waris Group of Companies, also identified as Warrish Telecom Services Ltd.

The property is located at Kayerpur near Agartala and has an estimated valuation of ₹6.44 crore.

Also Read: Japanese NBFC Subsidiary Leases 400 Seats via Smartworks

MSTC to Manage the Auction Process

MSTC Ltd will facilitate the online bidding under the supervision of Tripura's Directorate of Institutional Finance.

The auction provides a formal process for disposing of the listed NBFC-linked properties following the designated court's declaration.

Prospective bidders can inspect the properties before the November 17 auction.

They can use the inspection period to examine the listed assets before participating in the online bidding process.

The auction brings 10 properties with an estimated combined value of ₹63.65 crore into a government-supervised sale process.

Further property-specific information is available through the official sale notice.

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