Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614527
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹71,00,000
EMD:₹7,10,000
Service Provider:Public Auction
Important Dates
Submission Date:15-12-2025 12:00 PM
Bid Start Date:2025-12-15
Property Description
This is a residential house located on Sanganakal Road in Ballari, Karnataka. The property is being auctioned by City Union Bank as part of a SARFAESI auction. It represents a valuable opportunity to acquire a house in a key area of Ballari.
State:Karnataka
City:Ballari
Area:Sanganakal Road
Asset Category:Residential
Full Address:435, Sanganakal Village, Ballari Taluk, Survey No. 122A/1a, Ward No. 2, Property No.435 (as per Grama Panchayat Records) New Property No. 150500102307701574, Sanganakal, Ballari
Size:251.67 Sq.mtrs
Auction Description
City Union Bank is holding a SARFAESI auction for a residential house located on Sanganakal Road, Ballari, Karnataka. The auction is scheduled for December 15, 2025, with the bidding window open from 01:00 PM to 02:00 PM. The reserve price is ₹71,00,000 and the Earnest Money Deposit (EMD) is ₹7,10,000. This is a fantastic opportunity for interested buyers to participate in the auction and potentially acquire the property.
Borrower Name:M/s. SGRL Logistics Private Limited
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Annapurna D., Ms. Kavya Sree D M., Minor Pavana Suta D M., Mr. Malleshappa
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property in Ballari is a decent opportunity given its residential nature and listed reserve price. Location is promising, but further due diligence is needed. Auction terms seem standard, making it a calculated risk.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:08392-270199
