Land And Building for auction Santhebennur Davanagere 50 lakh Bank of India

This SARFAESI auction features a Land and Building property located in Santhebennur, Davanagere, Karnataka. Owned by M/s. Marulasiddeshwara, this residential asset presents a unique opportunity in a developing area. The property is being auctioned by the Bank of India. The starting bid is set at ₹49,50,000, with an Earnest Money Deposit (EMD) of ₹4,95,000 required to participate. This auction is ideal for investors or individuals looking to acquire property in the Davanagere region.

The Bank of India is conducting a SARFAESI auction for a Land and Building property in Santhebennur, Davanagere, Karnataka. The auction will take place on December 9, 2025, commencing at 11:00 AM and concluding at 5:00 PM on the same day. The reserve price for this residential asset is ₹49,50,000, with an EMD of ₹4,95,000. Interested bidders are advised to review all auction terms and conditions prior to the sale. This is a significant opportunity to acquire a property through a transparent bank auction process.

The property is a land and building in Santhebennur, Davanagere, offered at a reasonable reserve price. While the location might not be prime, the price and size of the land present a calculated investment opportunity. Further due diligence is recommended given it is a bank auction.