Property for Auction in Maroli, Mangalore, Karnataka
Auction ID:557841
Bank Name:State Bank of India
Branch Name:STRESSED ASSETS RECOVERY BRANCH (SARB), BENGALURU
Reserve Price:₹1,85,00,000
EMD:₹18,50,000
Service Provider:BAANKNET
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 11:00 AM
This offering presents a Land and Building property located in the Maroli area of Mangalore, Karnataka. Situated in a residential category, this asset is being auctioned by the State Bank of India under SARFAESI proceedings. The property is ideal for those looking to invest in the growing real estate market of Mangalore. Further details regarding the specific features, dimensions, and condition of the land and building will be available to interested bidders.
State:Karnataka
City:Mangalore
Area:Maroli
Asset Category:Residential
State Bank of India invites bids for a SARFAESI auction of Land and Building in Maroli, Mangalore, Karnataka. This is a residential asset previously mortgaged by Late B. Balakrishna Shetty. The auction commences on August 29, 2025, at 11:00 AM and concludes at 5:00 PM on the same day. The reserve price is ₹1,85,00,000, with an Earnest Money Deposit (EMD) of ₹18,50,000 required to participate. Don't miss this opportunity to acquire a property in Mangalore.
Borrower Name:Late B.Balakrishna Shetty
Auction Type:SARFAESI Auction
Contact:- 91 9449086490