Karnataka Bank Commercial Building Auction in Lingapura, Tumkur

Commercial Property bearing Tumakuru City Corporation Khata No 5/5/2967, PID No 79134 (formed in Sy. No. 26/6, Lingapura Village), land measuring 52813.75 Sq.ft (As per Gift Deed)/51876 Sq Ft (Actual) together with commercial hotel building constructed thereon situated at MNP Ward No 1, adjacent to Sri Devi Medical College, Lingapura Extension, Tumakuru belonging to Mr. T.C. Basavaraju. Boundaries of property as per Documents: East: Sira Road, West: Land of Chikkaveerappa and Kodappa, North: Nail Factory and Grape Garden, South: Remaining portion of land in Sy No. 26/8 belonging to Mr. Aravinda and M. Ashoka.

SARFAESI Auction of a Commercial Property at Lingapura, Tumkur, Karnataka, owned by Mr. T.C. Basavaraju. The property is a commercial hotel building on land measuring 52813.75 Sq.ft (as per Gift Deed) / 51876 Sq Ft (Actual). It is located adjacent to Sri Devi Medical College. The auction is conducted by Karnataka Bank with a reserve price of 13,00,00,000.00 and an EMD of 130,00,000.00. The auction is scheduled for 08-04-2025 from 11:30 AM to 12:30 PM.