Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611441
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Corporate Office : Chennai
Reserve Price:₹45,50,200
EMD:₹4,55,020
Bid Increment:₹10,000
Auction Time:02:00 PM to 04:00 PM
Service Provider:auctionfocus.in
Important Dates
Submission Date:2025-12-06
Bid Start Date:2025-12-08
Property Description
This SARFAESI auction presents a valuable opportunity to acquire land and a building in Haveri Taluk, Haveri, Karnataka. The property is categorized as residential and is being auctioned by Cholamandalam Investment And Finance Company Limited. This is a direct sale, offering a chance to own a property in a developing region.
State:Karnataka
City:Haveri
Area:Haveri Taluk
Asset Category:Residential
Full Address:216, 33 Main Road, Kudal, Naregalla Kudalnaregal Haveri, Bus Stop, Haveri, Kamataka - 581148. Also At: OLDV Property No. 216, E Swattu No. 151700203800420173 Koodal Hangal Haveri Kamataka-581148, Kudal, Haveri
Size:195 sq meters
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting a SARFAESI auction for a residential land and building property located in Haveri Taluk, Haveri, Karnataka. The auction will take place on December 8, 2025, from 2:00 PM to 4:00 PM. The reserve price for this auction is ₹45,50,200.00, with an Earnest Money Deposit (EMD) of ₹4,55,020.00. This is a prime opportunity for interested buyers to participate in the bidding process.
Borrower Name:Mr/Mrs. Malatesh Ningappa Soppin
Auction Type:SARFAESI Auction
Guarantor Names:Mr/Mrs. Yogini Malatesh Soppin
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land and building in Haveri, presents a moderate investment opportunity. The reserve price seems reasonable, but further due diligence is needed regarding local market conditions and the property's specific characteristics. Given the location and type, it warrants a 'Calculated Opportunity' rating.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:auctionfocus.in
Contact Details:
Mr. Vinayak Habib / Mrs. Komal Sharma
Contact no:9739820999/8870464652
