Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611354
Bank Name:Axis Bank
Branch Name:Retail Lending and Payment Group
Reserve Price:₹40,50,000
EMD:₹4,05,000
Bid Increment:₹10,000
Auction Time:11.00 A.M to 12.00 Noon
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-03
Bid Start Date:2025-12-04
Property Description
This is a residential flat located in Belagavi, Karnataka. The property is being auctioned by Axis Bank under the SARFAESI Act. It is an excellent opportunity to acquire a property in a well-established area. Ideal for individuals or families looking for a home in Belagavi.
State:Karnataka
City:Belagavi
Area:Belgaum
Asset Category:Residential
Full Address:2, Flat No.2 CTS No. 1973/A, 1973/B, 1973/C Ganpat Galli Belgaum, Ganpat Galli, Belgaum
Size:1100 Sqft
Auction Description
Axis Bank presents a SARFAESI auction for a residential flat in Belagavi, Karnataka. The auction will be held on December 4, 2025, from 11:00 AM to 12:00 PM. The reserve price is set at ₹40,50,000, with an Earnest Money Deposit (EMD) of ₹4,05,000. This is a chance to purchase a property directly from the bank.
Borrower Name:Mr. Vilas Narayan Devgekar
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Poonam
Legal Details
Possession Status:Physical
Encumbrance Details:NIL
Why This Property
The property is a residential flat in Belgaum, with a reasonable reserve price. The location and size are decent, making it a calculated opportunity. Auction terms are standard, but potential investors should assess the local market conditions.
Contact Details
Branch:Branch Office : Retail Lending and Payment Group
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. Raghunath & Mr.Karthick.R
Contact no:9886960484
