Industrial Land for auction Kesaratgi Kalaburagi 4 Cr Indian Bank

Indian Bank is auctioning a prime parcel of industrial land in Kesaratgi, Kalaburagi, Karnataka. This asset, previously owned by M/s Mahdisteels Pvt, offers a significant opportunity for industrial development in a growing region. The property is categorized as industrial land, suitable for various manufacturing or warehousing purposes. Its strategic location in Kalaburagi provides excellent connectivity and access to resources. This is a direct sale from the bank, presenting a straightforward acquisition process for interested parties.

This SARFAESI auction is conducted by Indian Bank for industrial land located in Kesaratgi, Kalaburagi, Karnataka. The auction commences on November 19, 2025, at 11:00 AM and concludes at 5:00 PM on the same day. The reserve price is set at ₹3,70,00,000, with an Earnest Money Deposit (EMD) of ₹37,00,000 required to participate. This is a sealed bid auction, offering a transparent and competitive platform for acquiring valuable industrial real estate. Interested bidders should review all auction terms and conditions provided by Indian Bank.

The industrial land offers potential due to its size and location, however, the value depends on the local industrial market and infrastructure. The reserve price seems reasonable, making it a calculated opportunity for interested buyers. Further due diligence is recommended before participating in the auction.