Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:611173
Bank Name:Liquidation E-Auction
Branch Name:Hyderabad
Reserve Price:₹13,55,53,500
EMD:₹1,35,55,350
Bid Increment:₹5,00,000
Auction Time:11.00 A.M to 04.00P.M
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-16
Bid Start Date:2025-11-18
Property Description
This is a liquidation auction for a residential property comprising land and a building, located in Ashok Nagara, Udupi, Karnataka. This is a valuable opportunity to acquire a property in a desirable area. The asset is being auctioned by Liquidation E-Auction.
State:Karnataka
City:Udupi
Area:Ashok Nagara
Asset Category:Residential
Full Address:Ashok Nagara, Udupi, Karnataka, Ashok Nagara, Udupi
Size:29.8 Acres
Auction Description
Liquidation E-Auction is holding an online auction for a land and building property in Ashok Nagara, Udupi, Karnataka. The auction will take place on November 18, 2025, starting at 11:00 AM and ending at 04:00 PM. The reserve price is ₹13,55,53,500, with an Earnest Money Deposit (EMD) of ₹1,35,55,350. This is a liquidation auction for the property formerly held by Naga Bhushan Bhagawati.
Borrower Name:Naga Bhushan Bhagawati
Auction Type:Liquidation Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property's large land area and existing buildings in Udupi offer considerable potential. The location is promising, and the auction terms seem reasonable. It's a solid investment opportunity given the current market conditions.
Contact Details
Branch:Branch Office : Hyderabad
Service Provider:BAANKNET
Contact Details:
Naga Bhushan Bhagawati
Contact no: —
