Building Property – Royal Insurance Corporation of Bhutan Limited

No properties available for auction at the moment. Check back later!

The Royal Insurance Corporation of Bhutan Limited is announcing a public auction of seized properties through a sealed bid process. Interested parties are invited to submit their sealed bids for the following properties on “AS IS WHERE IS BASIS”.

SL NO	Type of Property	Location	Thram No	Plot No	Area (Dec)	Floor Price
1	Land & Building (Duplex)	Langjophakha, Thimphu	307	LJ1-9	17.50	40,929,403.55
2	Land & Building	Bebena, Samtelling, Thimphu	2104	HS1-361	10.06	30,949,453.50
3	Land & Building	Rangjung, Trashigang	25	RN1-125	11.98	31,321,633.00
4	Land & Building	Shongphu, Trashigang	1112	SHO-1624	44.90	4,281,203.50
5	Basement	Babesa, Thimphu	1402	BA1-764	0.00	2,446,720.07

The Bid must accompany the following:

Earnest Money Deposit: Nu. 10,000.00 (Ngultrum Ten Thousand)
The bidding documents can be downloaded from the RICBL website.
Ensure that your bid is placed in a sealed envelope.
Submit your bid to any of the RICBL Branch Offices addressed to:
- The Chairman,
- Auction Committee,
- RICBL, Thimphu.
Bids will be reviewed after the deadline, and successful bidders will be notified accordingly.
Last date of submission of sealed bids is on 31st of August before 12:00 PM.
Opening date of the sealed bids begins from 10:30 AM on 2nd of September in the RICBL Conference Hall, Thimphu and respective Branch Offices.
For more details on the properties or bidding process, please contact:
- Mr. Thukjey Nidup at 17361938
- Mr. Gembo Dorji at 17980812

Management

No properties available for private sale right now. Please check back later!