📷 Image: Wikimedia Commons / Government of Tripura
Business
Tripura to Auction Ten NBFC-Linked Properties Valued at Rs 63.65 Crore
✍️ The Realty Today
🗓 13 Nov 2026, 02:02 AM
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The Tripura government announced plans to auction ten properties tied to non‑bank financial companies, with a combined estimated value of Rs 63.65 crore.
The state administration of Tripura has issued a notice to sell ten properties that are linked to non‑bank financial companies (NBFCs). The properties, spread across various locations in the state, are slated for public auction and together are valued at approximately Rs 63.65 crore.
Officials said the move is aimed at recovering outstanding dues from the NBFCs and clearing encumbrances on the assets. The auction will be conducted under the guidelines of the state’s revenue department, with interested buyers required to submit bids in accordance with the prescribed procedure.
The auction schedule is expected to be released within the next few days, and the revenue department will publish detailed specifications of each property on its official portal. Market observers note that the sale could inject liquidity into the local real estate market and provide an opportunity for investors to acquire assets at competitive prices.
No further comment was received from the NBFCs involved, and the state government has not disclosed the identities of the lenders or the exact locations of the properties pending the official auction notice.
Officials said the move is aimed at recovering outstanding dues from the NBFCs and clearing encumbrances on the assets. The auction will be conducted under the guidelines of the state’s revenue department, with interested buyers required to submit bids in accordance with the prescribed procedure.
The auction schedule is expected to be released within the next few days, and the revenue department will publish detailed specifications of each property on its official portal. Market observers note that the sale could inject liquidity into the local real estate market and provide an opportunity for investors to acquire assets at competitive prices.
No further comment was received from the NBFCs involved, and the state government has not disclosed the identities of the lenders or the exact locations of the properties pending the official auction notice.