Notice Inviting Private Sales 2025

Your Partner for Growth and Security

No. RICB/CO/GAD-Auction/2025/6457

May 10, 2025

                                    

NOTICE INVITING PPRIVATE SALE OF SEIZED PROPERTIES

The Royal Insurance Corporation of Bhutan Limited is announcing a private sale of the seized properties. Interested parties are invited to submit the application for the following properties on “AS IS WHERE IS BASIS”.

List of immovable properties for Sealed Bids.

SNType of PropertyLocationArea (Dec)Thram NoPlot NoRural/ UrbanFloor Price
1Land and 2 Nos of 2 storied buildingLangthel, Trongsa48.80461LNG-5300Rural   8,562,000.00
2Dry LandLangthel, Trongsa81.20461LNG-2449Rural   3,007,000.00
3Land and 3 storied buildingLaptsakha, Chukha4.6 (2004 sq ft)47GD1-46Urban   8,857,000.00
4LandChang Rama, T/Phu47.40127CHG-46Rural 11,817,000.00
5LandRinchending, Chukha50 (21780 sq ft)526PGT-6Urban   3,429,000.00
6LandRinchending, Chukha50 (21780 sq ft)527PGT-18Urban   3,429,000.00
7LandKhareyphu, Chukha39.36 (17148 sq ft)3235PGT-143Urban 15,404,000.00
8LandGelephu, Sarpang12.26 (5343 sq ft)867GT1-1326Urban   7,205,000.00
9LandDewathang, S/Jongkhar1082.00368DHT-4544Rural 10,547,000.00
10LandDewathang, S/Jongkhar872.00368DHT-1228Rural   8,501,000.00
11LandDewathang, S/Jongkhar191.70368DHT-334Rural   1,871,000.00
12LandDewathang, S/Jongkhar45.00368DHT-349Rural      440,000.00
13Land, houses and project assetsDewathang, S/Jongkhar66.00368DHT-340Rural 12,075,000.00
14LandDewathang, S/Jongkhar245.00368DHT-341Rural   2,391,000.00
15LandPhusorong, Mongar8.70268MON-3252Rural      127,000.00
16LandKhanglung, Tashigang307.001534KAN-1511Rural   3,517,000.00
17LandSherimuhung, Mongar7.001100SHE-2006Rural        26,000.00
18LandSherimuhung, Mongar20.201100SHE-2009Rural        72,000.00
19LandSherimuhung, Mongar57.201100SHE-2010Rural      202,000.00
20LandSherimuhung, Mongar27.301100SHE-3383Rural        97,000.00
21LandSherimuhung, Mongar120.901100SHE-3385Rural      425,000.00
22LandSherimuhung, Mongar17.601100SHE-3380Rural        64,000.00
23LandSherimuhung, Mongar15.001100SHE-3382Rural        54,000.00
24LandWurgangwoma, Bumthang72.002029CHR-6486Rural   2,750,000.00
25LandWurgangwoma, Bumthang72.002030CHR-6492Rural   2,750,000.00
26LandTading, Samtse110.001018TAD-1790Rural   3,361,000.00
27LandDoteng, Paro189.007DOT-862Rural   8,250,000.00
28LandDoteng, Paro208.008DOT-860Rural   9,080,000.00

List of Movable properties for Sealed Bids.

SNType of PropertyLocationRC NumberModel YearConditionFloor Price
1Sany ExcavatorDagapella, DaganaBP-1-A01582017Running   1,992,000.00
2Sany ExcavatorDagapella, DaganaBP-1-A01572017Running   1,992,000.00
3Sany ExcavatorDagapella, DaganaBP-1-A01562017Running   1,992,000.00
4EX-DRILL50Dagapella, Dagana2017Off-road      862,000.00
5JCB Backhoe LoaderDagapella, DaganaBP-3-A00692017Running   1,394,000.00
6Sany ExcavatorDagapella, DaganaBP-1-A01592017Running   1,992,000.00
7Sany ExcavatorDagapella, DaganaBP-1-A01602017Running   1,992,000.00
8Sany ExcavatorDagapella, DaganaBP-1-A01622017Running   1,992,000.00
  1. Interested parties are requested to submit your application to any of the RICBL Branch Offices addressed to:

The Chairman,

Auction Committee

RICBL, Thimphu.

  • The application should be accompanied by CID number and contact details.
  1. Last date for submission of application is on May 23, 2025 on or before 5:00 PM.
  2. For more details on the properties or bidding process, please contact Mr. Thukjey Nidup at 17361938 or Mr. Rinzin Namgay at 17772186.

Management