Representative illustration — Land And Building bank auction in Mithabagilu Village
Representative illustration — not the actual property photograph.
Land And Building Residential Physical possession Strong Buy

Land and Building for Auction Mithabagilu Village Dakshina Kannada 13.7 Lakh by South Indian Bank 15 Jul 2026

Mithabagilu Village, Dakshina Kannada

Area: 445.15 Sq. Mtrs

Sy.No. 62-11, PID No. 151100103300220334, Mithabagilu Village, Beithangady Taluk, Dakshina Kannada District, Karnataka.

South Indian Bank · Regional Office : Bangalore

Reserve price

₹13,68,000

EMD ₹1,36,800

Auction date

15 Jul 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 445.15 Sq. Mtrs
  • Locality: Mithabagilu Village
  • Reserve: ₹13,68,000
  • EMD: ₹1,36,800

Auction snapshot

PossessionPhysical
Property typeLand And Building · Residential
LocalityMithabagilu Village
Built-up / plot area445.15 Sq. Mtrs
LenderSouth Indian Bank
BranchRegional Office : Bangalore
Unit / flat no.Sy.No. 62-11, PID No. 151100103300220334
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerbankauctions.in

About this property

Land And Building bank auction in Mithabagilu Village, Dakshina Kannada by South Indian Bank — reserve price ₹13,68,000, 445.15 Sq. Mtrs, Physical possession.

Discover a promising bank auction property: a residential land and building for sale in Mithabagilu Village, Belthangady Taluk, Dakshina Kannada District, Karnataka. This valuable asset, owned by Mrs. Semeema, spans 445.15 Sq. Mtrs (11 Cents) and includes existing constructions. Situated in Sy.No. 62-11, with PID No. 151100103300220334, this property offers physical possession, ensuring a smooth transition for the buyer. The e-auction by South Indian Bank Ltd. has a reserve price of ₹1,368,000.0 and an EMD of ₹136,800.0. Bidding starts on July 15, 2026, from 11:00 AM to 12:00 PM, with auto extensions. With no known encumbrances, this bank auction property presents a secure investment opportunity in a growing region of Karnataka.

GeoSquare note: This property is a strong buy due to its physical possession status and explicit mention of 'Nil' encumbrances, which significantly reduces buyer risk. Located in Mithabagilu Village, Belthangady Taluk, Dakshina Kannada, it offers a substantial land area of 445.15 Sq. Mtrs with a building, making it suitable for residential use. The reserve price of ₹13.68 lakhs is competitive for a property of this type and location, presenting a good value proposition for potential investors or homebuyers.

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