Land and Building for Auction Netaji Nagar Somawarpet Raichur 8 Lakh by Omkara Assets Reconstruction Pvt Ltd 18 Jun 2026
Netaji Nagar (Somawarpet), Raichur
Area: 855.24 Sq feet
Municipal No.5-1-86(Old) 5-1-87(New)
Omkara Assets Reconstruction Pvt Ltd · Corporate Office : Mumbai
Reserve price
₹8,00,000
EMD ₹80,000
Auction date
18 Jun 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 855.24 Sq feet
- ▸Locality: Netaji Nagar (Somawarpet)
- ▸Reserve: ₹8,00,000
- ▸EMD: ₹80,000
Auction snapshot
| Possession | Physical |
| Property type | Land And Building · Residential |
| Locality | Netaji Nagar (Somawarpet) |
| Built-up / plot area | 855.24 Sq feet |
| Lender | Omkara Assets Reconstruction Pvt Ltd |
| Branch | Corporate Office : Mumbai |
| Floor | Ground Floor and First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | bankeauctions.com / C1 India |
About this property
Land And Building bank auction in Netaji Nagar (Somawarpet), Raichur by Omkara Assets Reconstruction Pvt Ltd — reserve price ₹8,00,000, 855.24 Sq feet, Physical possession.
Bank auction property in Raichur! A residential land and building located in Netaji Nagar (Somawarpet) with a total area of 855.24 sq ft is up for auction. The property, identified as Municipal No.5-1-86(Old) 5-1-87(New), features both ground and first-floor areas. The reserve price is ₹800000, with an EMD of ₹80000. This is a great opportunity to invest in Raichur real estate through a bank auction. Contact the authorized officer for inspection details and participate in the e-auction on June 18th, 2026.
GeoSquare note: This residential land and building in Raichur is a fair investment option due to its location and physical posession status. The reserve price of ₹800000 makes it accessible, but potential investors should consider the specific locality and market conditions. With upcoming e-auction date on 2026-06-18, prompt action is required for detailed assessment and bid submission.
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