Property for Auction in Pathapeta, Mangalore, Karnataka
Auction ID:548169
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹45,00,000
EMD:₹4,50,000
Service Provider:Public Auction
Submission Date:12-08-2025 12:00 PM
Bid Start Date:12-08-2025 01:00 PM
This is a residential house located in Pathapeta, Mangalore, a desirable area in Karnataka. The property is being auctioned by City Union Bank under SARFAESI regulations. It presents a potential investment or homeownership opportunity in a significant coastal city known for its educational institutions and commercial activities. Details regarding the specific size, structure, and condition of the house are available to prospective bidders.
State:Karnataka
City:Mangalore
Area:Pathapeta
Asset Category:Residential
City Union Bank is holding a SARFAESI auction for a residential property in Pathapeta, Mangalore, Karnataka. The auction for the house, formerly owned by Mr. Thota Naveen Kumar, will take place on August 12, 2025, from 1:00 PM to 5:00 PM. The reserve price is set at ₹45,00,000, with an Earnest Money Deposit (EMD) of ₹4,50,000 required to participate. This is a prime opportunity to acquire a property in a well-established area.
Borrower Name:Mr. Thota Naveen Kumar
Auction Type:SARFAESI Auction
Contact No.08674-243571, Cell No: 9394212125