Auction Notice

RE-AUCTION NOTICE

The Royal Insurance Corporation of Bhutan is pleased to announce to the general public of a public re-auction for the sale of movable and immovable properties scheduled for October 13, 2026, commencing at 10:30 AM. The re-auction will take place in the training hall of RICB, Thimphu. Registration for bidders will be open from 9:00 AM and will be closed at 10:00 AM. The interested bidders are requested to inspect properties to be re-auctioned and the same will be re-auctioned on “AS IS WHERE IS BASIS”.

The details of the immovable properties to be re-auctioned are as follows:

SN	Type of Property	Area (Dec)	Thram No.	Plot No.	Location	Rural/ Urban	Latitude	Longitude	Contact No
1	Land	500	154	BET-959	Patsaling, Tsirang	Rural	26°56’20.491″	90°9’59.768″	77849994
2	Land	18.46	3384	SM1-386	Simtokha, Thimphu	Urban	27°26’5.19″	89°39’1.00″	17884420
3	Land	112.5	2395	PLN-6799	Tijana, Phuentsholing	Rural	26°53’48.637″	89°22’26.396″	17619865
4	Land	187.9	2395	PLN-7336	Tijana, Phuentsholing	Rural	26°53’51.04″	89°22’26.093″	17619865
5	Land	34	115	TOP-1195	Tobesa, Puknaka	Rural	27°32’22.977″	89°48’45.789″	17610173
6	Land	22.5	115	TOP-3060	Tobesa, Puknaka	Rural	27°32’20.248″	89°48’45.575″	17610173
7	Land	92.9	26	KAN-1379	Kanglung, Tashigang	Rural	27°16′34.6″	91°30′51.4″	17598722
8	Land	378.20	1140	PHT-2290	Phuntshothang , Samdrup Jongkhar	Rural	26°52’42.819″	91°39’10.917″	17437917
9	Land	741.00	1140	PHT-2293	Phuntshothang, Samdrup Jongkhar	Rural	26°52’47.208″	91°39’5.04″	17437917
10	Land	180.20	1140	PHT-2297	Phuntshothang , Samdrup Jongkhar	Rural	26°52’14.824″	91°39’27.207″	17437917
11	Land	36.20	1140	PHT-2299	Phuntshothang, Samdrup Jongkhar	Rural	26°52’45.075″	91°39’12.435″	17437917
12	Land	818.8	1035	DHT-4843	Dewathang, Samdrup Jongkhar	Rural	26°48’56.04″	91°29’41.35″	17610165
13	Land	206.2	1035	DHT-4842	Dewathang, Samdrup Jongkhar	Rural	26°48’55.426″	91°29’42.845″	17610165
14	Land	9.33	6849	GU1-179	Chang Gumji, Thimphu Thromde	Urban	27°28’38.268″	89°37’56.711″	17610165
15	Land	216.8	1194	PLN-4345	Ramitey, Chukha	Rural	26°52’33.715″	89°24’42.628″	17882932
16	Land	42.1	1194	PLN-3493	Ramitey, Chukha	Rural	26°52’49.5″	89°24’35.4	17882932
17	Land	80.3	1194	PLN-4561	Ramitey, Chukha	Rural	26°52’51.852″	89°24’54.317″	17882932
18	Land	11	1616	PHT-4320	Phuntshothang , Samdrup Jongkhar	Rural	26°53’18.023″	91°42’44.18″	17437917
19	Land	88.1	1609	PHT-3299	Phuntshothang , Samdrup Jongkhar	Rural	26°52’55.715″	91°38’57.013″	17437917
20	Land	88.1	1610	PHT-4314	Phuntshothang , Samdrup Jongkhar	Rural	26°52’53.614″	91°38’58.939″	17437917
21	Land	11	1615	PHT-1074	Phuntshothang , Samdrup Jongkhar	Rural	26°53’17.815″	91°42’45.3″	17437917
22	Land	13.1	1615	PHT-3940	Phuntshothang , Samdrup Jongkhar	Rural	26°53’17.093″	91°42’45.868″	17437917
23	Land	200	72	TSO-375	Tsholingkhar, Tsirang	Rural	27°1’28.33″	90°5’15.112″	77849994
24	Land	300	72	TSO-376	Tsholingkhar, Tsirang	Rural	27°1’33.531″	90°5’10.4″	77849994
25	Land	39	1171	SHA-5046	Shaba, Paro	Rural	27°24’11.761″	89°29’26.568″	17304108
26	Land	36	544	PGT-2256	Pekarshing, Chukha	Urban	26°50’23.928″	89°25’15.755″	17619865
27	Land	245.8	301	DHT-2151	Dewathang, Samdrup Jongkhar	Rural	26°51’4.80″	91°28’1.83″	17437917
38	Land	231.6	301	DHT-2153	Dewathang, Samdrup Jongkhar	Rural	26°51’3.32″	91°28’4.89″	17437917
29	Land	74	301	DHT-2152	Dewathang, Samdrup Jongkhar	Rural	26°51’4.89″	91°28’4.28″	17437917
30	Land	600	723	BJA-2051	Jabcho, Chukha	Rural	27°4’10.57″	89°33’55.252″	17459704
31	Land	320	239	DTO-945	Dungtoe, Samtse	Rural	27°2’45.393″	89°11’2.642″	17681066
32	Land	144	1030	MON-2180	Kilikhar, Mongar	Rural	27°15’11.017″	91°15’39.057″	17671698
33	Land	342.5	618	NGA-974	Ngatshang, Mongar	Rural	27°18′32.12″	91°21′19.54″	17671698
34	Land	21.25	31	PGT-1020	Naydra, Damdara, Chukha	Urban	26°52’10.058″	89°23’24.323″	17619865
35	Land	26.16	31	PGT-1019	Naydra, Damdara, Chukha	Urban	26°52’4.295″	89°23’21.311″	17619865
36	Land	4.5	77	BHA-184	Sampheling, Chukha	Rural	26°52’6.335″	89°25’31.5″	17619865
37	Land	9.1	77	BHA-431	Sampheling, Chukha	Rural	26°51’26.054″	89°25’49.199″	17619865
38	Land	58.6	77	BHA-432	Sampheling, Chukha	Rural	26°51’24.126″	89°25’46.275″	17619865
39	Land	128.5	1010	BHA-602	Sampheling, Chukha	Rural	26°51’13.734″	89°25’39.445″	17619865
40	Land	7.5	1010	BHA-4458	Sampheling, Chukha	Rural	26°51’14.157″	89°25’39.624″	17619865
41	Land	27.9	598	SAL-1996	Kalapang, Mongar	Rural	27°11’9.211″	91°10’54.85″	17733253
42	Land	165.8	19	SAL-1323	Kalapang, Mongar	Rural	27°11’9.618″	91°10’56.635″	17733253
43	Land	67	2029	CHR-6487	Worgangwoma, Bumthang	Rural	27°32’55.488″	90°46’52.124″	17915257
44	Land	67	2030	CHR-6491	Worgangwoma, Bumthang	Rural	27°32’52.828″	90°46’51.412″	17915257
45	Land	7	1100	SHE-2006	Shermuhung, Mongar	Rural	27°23’3.92″	91°21’33.30″	17671698
46	Land	20.2	1100	SHE-2009	Shermuhung, Mongar	Rural	27°23’8.98″	91°21’49.29″	17671698
47	Land	57.2	1100	SHE-2010	Shermuhung, Mongar	Rural	27°22’50.86″	91°21’29.40″	17671698
48	Land	27.3	1100	SHE-3383	Shermuhung, Mongar	Rural	27°23’6.44″	91°21’40.85″	17671698
49	Land	120.9	1100	SHE-3385	Shermuhung, Mongar	Rural	27°23’0.74″	91°21’22.46″	17671698
50	Land	17.6	1100	SHE-3380	Shermuhung, Mongar	Rural	27°23’5.63″	91°21’20.88″	17671698
51	Land	15	1100	SHE-3382	Shermuhung, Mongar	Rural	27°23’6.85″	91°21’31.16″	17671698

The details of the movable properties to be re-auctioned are as follows:

SN	Type of Property	RC No.	Model Year	Location	Condition	Contact No
1	Tata Xenon Hilux	BP-3-A2930	2016	Gelephu, Sarpang	Off-road	17468053
2	Wheel Loader	BP-1-A0212	2017	Phuentsholing, Chukha	Running	17882932
3	Mahindra Backhoe Loader	BP-1-A3953	2016	Olakha, Thimphu	Off-road	17620450
4	Tractor	BP-2-A0036	2017	Nganglam, Pemagatshel	Off-road	17691822
5	Project Asset (Bricks)	–	2015	Buna, Trashigang	Off-road	17598722
6	Hot Mix Plant	–	2015	Khamia, Haa.	Off-Road	17980812

Management