Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612383
Bank Name:Bank of Baroda
Branch Name:Regional Office : Mysore
Reserve Price:₹60,00,000
EMD:₹6,00,000
Bid Increment:₹10,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:04-12-2025 04:00 PM
Bid Start Date:2025-12-05
Property Description
Discover a unique investment opportunity in the heart of Mysuru! This residential house, located in the well-established Khille Mohalla area, is brought to you by Bank of Baroda through a SARFAESI auction. Ideal for individuals or families seeking a home in a prime Karnataka location. The property offers a blend of traditional charm and modern convenience, situated in a sought-after neighborhood known for its accessibility and community feel. Don't miss the chance to own a piece of Mysuru.
State:Karnataka
City:Mysuru
Area:Khille Mohalla
Asset Category:Residential
Full Address:788/51, F-23, House No.788/51, New No.F-23, situated at 9th cross, Ramanuja Road, Khille Mohalla, Khille Mohalla, Mysuru
Auction Description
Bank of Baroda presents a SARFAESI auction for a residential house in Khille Mohalla, Mysuru. The auction will commence on December 5, 2025, at 02:00 PM and conclude at 06:00 PM on the same day. The reserve price for this valuable asset is ₹60,00,000, with an Earnest Money Deposit (EMD) of ₹6,00,000 required. This is an excellent opportunity to acquire property in Karnataka's cultural capital. Interested bidders are advised to review all auction terms and conditions provided by the Bank of Baroda.
Borrower Name:M/s Channanjeshwara Entreprises
Auction Type:SARFAESI Auction
Guarantor Names:Mr.Sathisha Kumar AM, Mr.J.M.Venkatesh Varma, Mr.J.V.Muralidhara Varma
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a house in a decent location in Mysuru. The reserve price seems reasonable, but symbolic possession increases the risk. Further due diligence is needed to assess the investment potential.
Contact Details
Branch:Branch Office : Regional Office : Mysore
Service Provider:Public Auction
Contact Details:
Contact no: —
