ROYAL INSURANCE CORPORATION OF BHUTAN LIMITED

Re-Auction Notice

Your Partner for Growth and Security

No. RICB/CO/GAD-Auction/2025/1856  

11th of February, 2025         

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 25th of February, 2025, 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 properties to be auctioned are as follows:

List of immovable properties

SNType of PropertyArea (Dec)Thram No.Plot No.DzongkhagRural/UrbanLocationCoordinatesContact No
EastingNorthing
1Land157.9472LEO-1592SarpangRuralDekiling286797.772980022.2577481724
2Land1897DOT-862ParoRuralDotaeng194559.183044129.2617304108
3Land1477DOT-863ParoRuralDotaeng194600.993044057.6317304108
4Land2088DOT-860ParoRuralDotaeng194600.993044057.6317304108
5Land2003318LEO-5408SarpangRuralDekiling286836.342980057.7717361938

List of movable properties

SNType of propertyModel yearRC No.ConditionLocationDzongkhagContact No.
1Sany Excavator2017BP-1-A0158RunningDagapellaDagana17292974
2Sany Excavator2017BP-1-A0157RunningDagapellaDagana17292974
3Sany Excavator2017BP-1-A0156RunningDagapellaDagana17292974
4EX-DRILL502017–Off-roadDagapellaDagana17292974
5JCB Backhoe Loader2017BP-3-A0069RunningDagapellaDagana17292974
6Sany Excavator2017BP-1-A0159RunningDagapellaDagana17292974
7Sany Excavator2017BP-1-A0160RunningDagapellaDagana17292974
8Sany Excavator2017BP-1-A0161Off-roadDagapellaDagana17292974
9Sany Excavator2017BP-1-A0162RunningDagapellaDagana17292974
10Sany Excavator2017BP-1-A0163ScrapDagapellaDagana17292974

Management