Land And Building for auction Sedam Town Kalaburgi 2 Cr Edelweiss Asset Reconstruction Company Limited

This auction presents a valuable Land and Building property in Sedam, Kalaburagi, Karnataka. The asset, formerly associated with M/s Smt. Gowramma Venkeshwar, falls under the Residential category. This is a prime opportunity to acquire a property in a developing area with potential for residential use. The land and building offer a solid foundation for future development or personal use. Located in Kalaburagi, a significant city in Karnataka, this property is part of an estate being auctioned by Edelweiss Asset Reconstruction Company Limited.

Edelweiss Asset Reconstruction Company Limited is conducting a SARFAESI auction for a Land and Building property in Sedam, Kalaburagi, Karnataka. The auction has a reserve price of INR 2,15,00,000 and requires an Earnest Money Deposit (EMD) of INR 21,50,000. The bidding will commence on December 2, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. This is a secured creditor auction, offering a transparent process for interested buyers. Don't miss this chance to participate in a significant property auction in Karnataka.

The property offers a decent opportunity due to its location in Sedam and the size of the land. However, the reserve price requires careful consideration given the local market conditions. This makes it a calculated opportunity, balancing potential returns with associated risks.