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The actor was found hanging in a private complex here by the police and a team of forensic experts is on the spot, said SSP Kangra Vimukt Ranjan.
The police is investigating the case and further details are awaited, Ranjan added.
It is being reported that the actor had a property on lease for the past five-six years in McLeodganj, Upper Dharamshala, and used to visit the place regularly.
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Among his notable performances in Hindi cinema, Basra played a cunning stall owner in Imtiaz Ali”s 2007 film “Jab We Met”, alongside the likes of Kareena Kapoor Khan and Shahid Kapoor.
He played the father of Emraan Hashmi’s Shoaib Khan in Milan Luthria”s “Once Upon a Time in Mumbaai” (2010).
Basra most recently starred in Amazon Prime Video’s smash-hit series “Paatal Lok”.