MSTC Limited, a leading government-owned e-commerce platform, has announced a significant e-auction of immovable properties belonging to various Non-Banking Financial Companies (NBFCs). The auction, initiated by the Directorate of Small Savings, Group Insurance & Institutional Finance, Government of Tripura, features prime real estate assets across multiple districts.
The online auction is scheduled for August 28, 2025, from 11:00 AM to 3:30 PM IST. Prospective bidders can inspect the listed properties in person from August 8 to August 27, 2025.
The auction, catalogued under reference number EA 25976, encompasses a diverse portfolio of land and building plots. Interested parties are urged to meticulously review the detailed auction catalogue, which includes all special terms and conditions. Official communication from MSTC's North East Branch Office (NEBO) in Guwahati specifies that bidders must confirm their acceptance of the catalogue's terms or request necessary amendments promptly.
A critical step for the process is the setting of the reserve price, which must be submitted before the auction date once the catalogue is approved.
The auction list features properties from NBFCs such as the Waris Group of Companies, Ramel Industries Ltd., and Basil International Ltd., among others. The assets are spread across West Tripura, South Tripura, Dhalai, and Gomati districts.
Key lots include:
High-Value Land & Building (Lot 17): A prime 0.25-acre property in Agartala (West Tripura) with a total valuation of over ₹10.16 Crore (Reserve Price to be set; EMD: ₹60 Lakh).
Large Land Parcels (Lot 3 & 5): Two substantial land plots in Jirania, West Tripura, measuring 12.46 acres (Val: ₹6.44 Cr) and 3.02 acres (Val: ₹7.32 Cr), respectively. Both require an Earnest Money Deposit (EMD) of ₹40 Lakh.
Agricultural and Development Land (Lot 14): An 8.81-acre plot comprised of multiple sub-plots in Udaipur, Gomati District, valued at ₹2.68 Crore (EMD: ₹15 Lakh).
A snapshot of selected properties is presented below:
| Lot No. | District, Sub-Division | NBFC Name | Property Description (Short) | Valuation (₹) | EMD (₹) |
|---|---|---|---|---|---|
| 1 | West Tripura, Sadar | SD Infra Projects and Services Ltd. | 0.440 acres of land | 33,00,000 | 2,00,000 |
| 2 | West Tripura, Sadar | Waris Group of Companies | Land and Building | 2,82,54,170 | 15,00,000 |
| 3 | West Tripura, Jirania | Warish Telecom Services Ltd. | 12.460 acres of land | 6,44,00,000 | 40,00,000 |
| 4 | West Tripura, Sadar | Ramel Industries Ltd. | 0.690 acres of land | 6,03,75,000 | 40,00,000 |
| 5 | West Tripura, Jirania | Kolkata Weir Industries Ltd. | 3.02 acres of land | 7,32,35,000 | 40,00,000 |
| 6 | South Tripura, Sabroom | Sun-Plant Agro products Ltd. | 7.6 acres of land | 75,25,370 | 4,00,000 |
| 8 | South Tripura, Santirbazar | Waris Group of Companies | 1.20 acres of land | 60,00,000 | 3,00,000 |
| 13 | Dhalai, Kamalpur | Suchana Real Projects Private Ltd. | 7.12 acres of land | 24,60,000 | 2,00,000 |
| 14 | Gomati, Udaipur | Angel Agri Tech Ltd. | 8.81 acres of land (multiple plots) | 2,68,37,500 | 15,00,000 |
| 17 | West Tripura, Sadar | Basil International Ltd | Land and Building | 10,16,26,573 | 60,00,000 |
Interested bidders must register on the MSTC platform and adhere to the specified timelines. The complete catalogue, with detailed legal descriptions, precise locations, and full terms & conditions, is available upon request or via the attached documents from the authority.
All communications regarding this auction are considered confidential. The English version of the auction catalogue and notices shall be the authoritative and binding version.
Disclaimer: The content of the auction notice and any attachments are confidential and intended for the named recipients only. The information shall not attach any liability to the originator or MSTC Limited. The auction is subject to the final terms and conditions laid out by the designated court and the Directorate of Institutional Finance.