Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612092
Bank Name:Karnataka Gramin Bank
Branch Name:Regional office
Reserve Price:₹1,40,00,000
EMD:₹14,00,000
Bid Increment:₹20,000
Auction Time:11:30 AM to 01:30 PM
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This is a residential house located in the Aishwarya Colony area of Ballari, Karnataka. The property is being auctioned by Karnataka Gramin Bank. It is a SARFAESI auction. Further details on the property's size, layout, and condition can be obtained from the bank.
State:Karnataka
City:Ballari
Area:Aishwarya Colony
Asset Category:Residential
Full Address:Plot No.05, Ward No. 23, Aishwarya Colony, Cantonment, Ballari, Aishwarya Colony, Ballari
Size:2400 Sq feets
Auction Description
Karnataka Gramin Bank is conducting a SARFAESI auction for a residential house in Aishwarya Colony, Ballari, Karnataka. The auction will take place on 20-11-2025, starting at 11:30 AM and ending at 01:30 PM. The reserve price for this auction is ₹14,00,000, with an Earnest Money Deposit (EMD) of ₹1,40,000 required. The property was formerly owned by Sri. Rajagopal Reddy.
Borrower Name:Sri. Rajagopal Reddy
Auction Type:SARFAESI Auction
Guarantor Names:Smt. S Ramulamma (Deceased), Sri. S Anki Reddy (Deceased)
Legal Details
Possession Status:Symbolic
Encumbrance Details:free of all encumbrances
Why This Property
The property offers a residential house in a developing locality of Ballari. With a reserve price of ₹1,40,00,000.00, it presents a reasonable investment opportunity, though requires careful assessment of market value and potential rental yields. The auction terms are standard, suggesting a moderate risk profile.
Contact Details
Branch:Branch Office : Regional office
Service Provider:bankauctions.in
Contact Details:
Contact no:9482322067
