Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613073
Bank Name:Bank of Baroda
Branch Name:Regional Office
Reserve Price:₹25,52,400
EMD:₹2,55,240
Bid Increment:₹10,000
Auction Time:02:00 PM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-09-12
Bid Start Date:2025-12-10
Property Description
This auction features a valuable land and building property located in Mudigere, Chikmagalur, Karnataka. Situated in a developing area, this residential asset offers significant potential. The property is being auctioned by Bank of Baroda under the SARFAESI Act.
State:Karnataka
City:Chikmagalur
Area:Mudigere
Asset Category:Residential
Full Address:Hesagal village granted in Sy No.77 of Heasagal Village, Hesagal village, Mudigere, Chikmagalur, Karnataka
Size:83.61 square meter
Auction Description
Bank of Baroda presents a SARFAESI auction for a land and building property in Mudigere, Chikmagalur, Karnataka. The reserve price is INR 25,52,400, with an Earnest Money Deposit (EMD) of INR 2,55,240. Bidding opens on December 10, 2025, at 02:00 PM and closes at 05:00 PM on the same day. This is a prime opportunity to acquire a residential asset in a growing region.
Borrower Name:Mr. Anil Kumar
Auction Type:SARFAESI Auction
Guarantor Names:Mrs Sunanda
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its location in Mudigere and its classification as land and building. The reserve price seems reasonable given the area, but prospective investors should conduct thorough due diligence. The relatively low EMD makes it accessible to a broader range of bidders.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:7411779025
