The deceased has been identified as Balbir alias Nikku and had been living all alone in the house, they said.
The body was discovered when a relative of Balbir came to the house and found him lying in the pool of blood with sharp injury marks around the neck, police said.
Balbir's gold chain and ring were missing, the relatives said.
The villagers informed the police that a person had been staying with Balbir for last few months and now he had gone missing.