Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609054
Bank Name:Bank of Baroda
Branch Name:Regional Office
Reserve Price:₹22,90,000
EMD:₹2,29,000
Bid Increment:₹10,000
Auction Time:2.00 PM to 6.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Property Description
A valuable land and building asset located in Kuthyar, Udupi, Karnataka. This residential property offers a prime investment opportunity in a growing region. Situated in the scenic coastal district of Udupi, it benefits from good connectivity and a tranquil environment. The property is being auctioned by Bank of Baroda under SARFAESI Act. Ideal for individuals or developers looking for a property with significant potential.
State:Karnataka
City:Udupi
Area:Kuthyar
Asset Category:Residential
Full Address:5-11, Baitul Noor, S No 152/2D1 of 108, Kalathur Village, Baitul Noor with Door No 5-11, Kuthyar, Udupi
Building/Society:Baitul Noor
Size:10 cents
Auction Description
Bank of Baroda is conducting a SARFAESI auction for a land and building property in Kuthyar, Udupi, Karnataka. The auction will commence on November 14, 2025, at 02:00 PM and conclude at 06:00 PM on the same day. The reserve price for this asset is INR 2,290,000, with an Earnest Money Deposit (EMD) of INR 229,000 required to participate. This is a unique opportunity to acquire a property through a transparent bidding process.
Borrower Name:Mr. Syed Razak
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Maimuniza, Mohammed Riyaz s/o Shekabba
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in Kuthyar, Udupi, offered at a reserve price of ₹2290000.0. While the location is promising, potential investors should assess the local market and property condition carefully. This represents a Calculated Opportunity due to its location and auction terms.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:8124576123
