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Re-Auction Notice

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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 April 28, 2026, commencing at 10:30 AM.

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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 April 28, 2026, commencing at 10:30 AM. The 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 auctioned and the same will be auctioned on “AS IS WHERE IS BASIS”.

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

SN Type of Property Area (Dec) Thram No. Plot No. Location Rural/ Urban Coordinates Contact No.
Easting Northing
1 Land 81.10 717 YA1-991 Trashi Yantse Urban 397278 3054696 17688095
2 Land 37.10 903 TSA-1592 Tshangkha, Dagana Rural 255419 2989971 17620450
3 Land 21.00 342 MTS-2202 Medtsho, Lhuntse Rural 362854 3044498 17620450
4 Land 31.00 4316 CHR-10512 Chokhor, Bumthang Rural 123250 3049432 17915257
5 Land 36.90 453 SAM-3955 Pam, Trashigang Rural 402596 3022624 17111059
6 Land 17.50 453 SAM-7109 Pam, Trashigang Rural 402589 3022579 17111059
7 Land 170.00 37 KAN-686 Kanglung, Trashigang Rural 400753 3022231 17111059
8 Land 14.90 81 BHA-407 Samphelling, Chukha Rural 193195 2971795 17882932
9 Land 108.10 81 BHA-601 Samphelling, Chukha Rural 192945 2971565 17882932
10 Land 85.00 356 NOR-5209 Norbugang Pemagatshel Rural 374855 2971352 17691822
11 Land 84.50 443 DEC-4637 Decehnling, Pemagatshel Rural 373340 2973521 17691822
12 Land 7.1 832 NAI-123 Ugyentse, Samtse Rural 151141 2981003 17620450
13 Wet Land 13.6 63 NAI-1964 Ugyentse, Samtse Rural 151196 2980876 17620450
14 Wet Land 92.9 63 NAI-121 Ugyentse, Samtse Rural 151241 2980963 17620450

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

SN Type of Property RC No. Model Year Location Contact No.
1 Ashok Leyland BP-2-B1089 2019 Gomtu, Samtse 17387114
2 Bull Smart BP-2-A0230 2016 Gelephu, Sarpang 17468053
3 Rock Breaker Dagapella, Dagana 17541054
4 UI Spot Mix drum Samdrup Jongkhar 17943251

 

Click to download TOR for auction

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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 April 28, 2026, commencing at 10:30 AM.

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