India Property Register
Bank auction

Liquidation auction: BLUEFERN VENTURES PRIVATE LIMITED

Namchi, South Sikkim · SUDHA SARMA

ibbi:9642Rs 13 crore
Quick check6 checks
1 point to review
Reserve priceRs 13 crore
Earnest money (EMD)Rs 1.3 crore
Auction date9 Mar 2026

Past date: check whether it was re-listed

SellerSUDHA SARMA
PossessionNot stated
Sold as is where isCheck title and dues

Encumbrances and dues stay with the buyer

Summary

SUDHA SARMA is selling liquidation auction: bluefern ventures private limited in Namchi, Sikkim by auction with a reserve price of Rs 13 crore, auction date 9 Mar 2026.

The property

The property

Description
Liquidation auction: BLUEFERN VENTURES PRIVATE LIMITED
Address
Namchi, South Sikkim
Plot or survey number
Slump sale of the entire assets of the Corporate Debtor consisting of a Hotel cum commercial building along with all Plant and Machineries, Furniture and Fixtures, and other assets installed/ lying therein and the entire part and parcel of the following Plots of land, owned by the Personal Guarantor and mortgaged to the Secured Financial Creditor upon which the above stated building of the Corporate Debtor is constructed: I. Plot No. 4/585 measuring 0.1500 Hectare; ii. Plot No. 4/1090 measuring 0.0278 Hectare; iii. Plot No. 5/1091 measuring 0.0135 Hectare; iv. Plot No. 6/1092 measuring 0.0035 Hectare; v. Plot No. 3 measuring 0.3412 Hectare (open land)

Place

District
Namchi
State
Sikkim

Sale

Reserve price
Rs 13 crore
EMD
Rs 1.3 crore
Listed on
9 Feb 2026
Auction
9 Mar 2026
Bank
SUDHA SARMA
Bank reference
Liq.AN/A00000SK2010SKM000849/1/IP-14266/0226/00003
Borrower (as published)
BLUEFERN VENTURES PRIVATE LIMITED

Everything else in the listing

Cin
A00000SK2010SKM000849
Location
Namchi, South Sikkim
Platform
eBKray
Unique no
Liq.AN/A00000SK2010SKM000849/1/IP-14266/0226/00003
Liquidator
SUDHA SARMA
Notice pdf
https://ibbi.gov.in/uploads/auction_notice_liquidation/2026-02-09-180613-n4ra1-97847c847dce3671d7bcab15c52367e3.pdf
Details pdf
https://ibbi.gov.in/uploads/auction_notice_liquidation/digital_pdf/LiqAN1770641174_9642.pdf
Notice type
Issue of Auction Notice
Platform url
https://ibbi.baanknet.com/eauction-ibbi/home
Emd last date
2026-03-06
Ip registration
IBBI/IPA-002/IP-N01251/2022-2023/14266
Liquidation date
2024-01-22
Nature of assets
Slump sale of the entire assets of the Corporate Debtor consisting of a Hotel cum commercial building along with all Plant and Machineries, Furniture and Fixtures, and other assets installed/ lying therein and the entire part and parcel of the following Plots of land, owned by the Personal Guarantor and mortgaged to the Secured Financial Creditor upon which the above stated building of the Corporate Debtor is constructed: I. Plot No. 4/585 measuring 0.1500 Hectare; ii. Plot No. 4/1090 measuring 0.0278 Hectare; iii. Plot No. 5/1091 measuring 0.0135 Hectare; iv. Plot No. 6/1092 measuring 0.0035 Hectare; v. Plot No. 3 measuring 0.3412 Hectare (open land)

Before you bid

  1. Read the bank's sale notice in full: reserve price, EMD, inspection date and terms.
  2. Inspect the property and check who is in occupation.
  3. Get the land record and encumbrance certificate for the plot, and the society or municipal dues.
  4. Search court cases on the property and the borrower, including any challenge to the bank's sale (DRT).

Villages in this pincode

No village boundary falls inside this pincode (most urban pincodes have none).

Questions

What is the reserve price of this property?

Rs 13 crore, as listed by SUDHA SARMA. Bids start at or above the reserve price.

Who is selling it?

SUDHA SARMA, to recover a loan.

India Property Register report: https://indiapropertyregister.com/auction/liquidation-auction-bluefern-ventures-private-limited-ibbi-9642 · 12 Oct 2026