Land And Building for auction Maroli Mangaluru by SBI

Property for Auction in Maroli, Mangalore, Karnataka

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Maroli, Mangalore
Auction Date IconAuction Date:
29-08-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:28-08-2025 05:00 PM

Bid Start Date:29-08-2025 11:00 AM

Property Description

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

Auction Description

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 Details

Contact:- 91 9449086490

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