Property for Auction in Moodabidri, Mangalore, Karnataka
Auction ID:569430
Bank Name:Indian Overseas Bank
Branch Name:REGIONAL OFFICE : MANGALURU
Reserve Price:₹17,22,000
EMD:₹1,72,200
Service Provider:BAANKNET
Submission Date:14-09-2025 05:00 PM
Bid Start Date:15-09-2025 11:00 AM
This is a residential flat located in Moodabidri, Mangalore, Karnataka. The property is being auctioned by Indian Overseas Bank as part of a SARFAESI action. The reserve price for this asset is INR 17,22,000, with an Earnest Money Deposit (EMD) of INR 1,72,200. Originally belonging to Mr. Mohammed, this flat presents a valuable opportunity for interested buyers in the Mangalore region.
State:Karnataka
City:Mangalore
Area:Moodabidri
Asset Category:Residential
Indian Overseas Bank presents a SARFAESI auction for a residential flat in Moodabidri, Mangalore, Karnataka. The auction will take place on September 15, 2025, commencing at 11:00 AM and concluding at 02:00 PM on the same day. The starting bid is set at a reserve price of INR 17,22,000, requiring an EMD of INR 1,72,200. This is a prime opportunity to acquire a property in a sought-after location through a transparent bank auction process.
Borrower Name:Mr. Mohammed
Auction Type:SARFAESI Auction
Contact : 08258-236179