Property for Auction in Devaraja Mohalla, Mysuru, Karnataka
Auction ID:434653
Bank Name:Repco Home Finance Limited
Branch Name:MYSORE : BRANCH
Reserve Price:₹44,02,000
EMD:₹4,40,200
Service Provider:Public Auction
Submission Date:27-02-2025 03:00 PM
Bid Start Date:28-02-2025 11:00 AM
Discover the potential of this residential house situated in the heart of Devaraja Mohalla, Mysuru, a locality known for its accessibility and established infrastructure. The property, identified as House No. 376, LIGI 3rd Stage, Hebbal Layout, offers a compact yet functional living space of 40 square meters, meticulously laid out with 5 meters of frontage from East to West and 8 meters from North to South. Its strategic location is further enhanced by its boundaries: adjacent to House No. LIG-375 on the East, providing a clear boundary with a neighbor; a road on the West, offering convenient access; House No. 361 to the North, another neighboring property; and a road on the South, ensuring good connectivity. This house represents a solid prospect for first-time homebuyers or investors seeking a property in a developing and sought-after area of Mysuru, promising a blend of convenience and future appreciation.
State:Karnataka
City:Mysuru
Area:Devaraja Mohalla
Asset Category:Residential
This SARFAESI auction presents a unique opportunity to acquire a residential house located in the well-established Devaraja Mohalla area of Mysuru, Karnataka. The property, bearing House No. 376, LIGI 3rd Stage, Hebbal Layout, measures 40 square meters with dimensions of 5 meters East to West and 8 meters North to South. It is bordered by House No. LIG-375 to the East, a Road to the West, House No. 361 to the North, and another Road to the South. The auction is being conducted by Repco Home Finance Limited, with a reserve price of INR 44,02,000.00 and an Earnest Money Deposit (EMD) of INR 4,40,200.00. This is an ideal chance for new buyers to enter the Mysuru property market at a potentially attractive price point, offering a chance to own a home in a desirable location. All interested parties are encouraged to review the full auction details and conduct thorough due diligence.
Borrower Name:Mr Keshava
Auction Type:SARFAESI Auction
Contact No : 9972762821