Public Notice: Open Auction & Sealed Bids

The T Bank Ltd. is pleased to inform the general public that the following properties will be sold through open auction on 27th May, 2026 at 10:30 am in the T Bank Conference Hall, Thimphu. The registration for bidders will be opened from 9:00 am and will be closed by 10:00 am. The interested bidders are requested to inspect the properties placed on the auction, and the same will be auctioned on “AS IS WHERE IS BASIS”

Sl.No

Property/ies

Location

Area/Sq.ft

1

1. Land & two storied building under Thram No. 177, Plot No.DAG-148 with Project Assets of Dagala Spring Water


2. Land on Thram No.154, Plot No. Dag-150

Chamgang, Thimphu

30 decimals



13 decimals

2

Land on Thram No.305 Plot no.DNG-469 

Dungna, Chukha

189.40 decimals

3

Land on Thram No. 1059, Plot No. KAN-3251   

Kanglung, Trashigang

41.6 decimals 

4

Land on Thram No. 1506, Plot no.KAN-5491  

Kanglung, Trashigang

23.6 decimals

5

Vehicle, TATA Truck SE-1613

Thimphu

Reg' no. BP-2A-6265

6

Land and 2 Flats (Flat No.3-01 and 3-02) from G+3 storied RCC framed building with attic on Thram No.825, Plot No.LT1-399

Lungtenphu LAP, Thimphu

671 sq.ft

7

Land on Thram No.851, Plot No. PGT-1640 

Pasakha, P/ling, Chukha 

8712 Sq.ft

8

Land on Thram No.44, Plot No.PGT-3173 

Pekarzhing LAP, Pasakha, P/ling

4832 Sq.ft 

9

Land on Thram No.44, Plot No.PGT-74

Pekarzhing LAP, Pasakha, P/ling 

4241 Sq.ft

10

Land on Thram No.709, Plot No.KAN-2499

Rongthung, Kanglung, T/gang 

0.271 Acres

The T Bank Ltd. would like to announce a public auction of seized properties through a sealed bid process. Interested bidders are invited to submit their sealed bids for the following properties on an “AS IS WHERE IS BASIS”.

Sl.No

Property Type

Thram No

Plot No

Area

Location

Floor Price

1

Land & two  

storied building 

703

GT1-1525 

4145 sq.ft

Rabdeyling LAP 3, Gelephu 

6,724,000.00

2

Land

1863

PLN-1730 

95  

decimals 

Pachutar, under P/ling Gewog, Chukha Dzongkhag

765,000.00

3

Crushing Plant 125TPH Skid  

(dismantled)




Tekizam, Wangdue Phodrang

4,479,500.00

4

Backhoe Loader, 

BP-1-A2830, Model-2011

Hejo, Thimphu 

943,500.00

Terms and conditions: 

  1. Earnest Money Deposit of Nu. 10,000.00 (Ngultrum Ten Thousand) only in cash. 
  2. Download bidding documents provided below.
  3. Ensure that your bid is placed in a sealed envelope.  
  4. Submit your sealed bid to any of the T Bank Ltd. branch offices, addressed to: The Chairman, Auction Committee, T Bank Ltd, Thimphu.  
  5. Bids will be reviewed after the deadline, and successful bidders will be notified accordingly. 
  6. Last date of submission of sealed bids is on 26/05/2026 before 03:00 PM 
  7. Seal bids will be opened from 10.30 AM on 27/06/2026 in the T Bank Ltd. Conference Hall in the presence of auction committee and respective Branch Offices (virtually).  
  8. For more details on bidding process and the properties, please contact Legal Division at #17112624//17297377 during the office hour.

For further details, please contact at 17112624/17297377

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