Land for auction 1 Chikoor Villa, Mulabagal, Kolar by BOI

Property for Auction in Mulabagal, Kolar, Karnataka

Property Type IconProperty Type:
Land
Location IconLocation:
Mulabagal, Kolar
Auction Date IconAuction Date:
27-03-2025 12:00 PM

Auction Details

Auction ID:456824

Bank Name:Union Bank of India

Branch Name:Bengaluru

Reserve Price:2,29,07,500

EMD:22,90,750

Service Provider:BAANKNET

Important Dates

Submission Date:26-03-2025 05:00 PM

Bid Start Date:27-03-2025 12:00 PM

Property Description

The property consists of two parcels of agricultural land. Item 1, measuring 2 Acres and 38 Guntas, is identified by Sy No. 25. It includes poultry sheds, cages with mats and birds, ancillary buildings, an overhead tank, a sump tank, a flogging system, electrical installations, water supply systems, and plant and machinery essential for poultry farming. This land is situated in Chikoor Village, Byrakuru Hobli, Mulabagilu Taluk, Kolar District, Karnataka. It is bounded to the East and West by the property of Subramanya Reddy, to the North by land in Sy No. 96, and to the South by a Halla (stream/water body). Item 2, measuring 3 Acres and 27 Guntas, is identified by Sy No. 91/2, in the same village and taluk. It also comes equipped with poultry sheds, cages with mats and birds, ancillary buildings, an overhead tank, a sump tank, flogging systems, electrical installations, water supply systems, and plant and machinery for poultry farming. This parcel is bounded to the East by the property of Subramanya Reddy, to the West by the property of Ramesh Reddy, to the North by the property of CM Jayarama Reddy, and to the South by a road. The owners of the property are Mr. C.J. Ramesh Reddy and Mrs. Nagarathnamma.

State:Karnataka

City:Kolar

Area:Mulabagal

Asset Category:Residential

Auction Description

Union Bank of India is conducting a SARFAESI auction for land in Mulabagal, Kolar. The auction features two items: Item 1 is 2 Acres and 38 Guntas of land in Sy No. 25, Chikoor Village, with existing poultry farming infrastructure, including sheds, cages, machinery, and water/electrical systems. Item 2 is 3 Acres and 27 Guntas of land in Sy No. 91/2, also in Chikoor Village, with similar poultry farming infrastructure. Both properties are located in Mulabagilu Taluk, Kolar District, Karnataka, and are associated with owners Mr. C.J. Ramesh Reddy and Mrs. Nagarathnamma. The reserve price is 2,29,07,500.00 and the EMD is 22,90,750.00. The auction will be held on March 27, 2025, from 12:00 PM to 5:00 PM.

Borrower Name:Mr. CJ Ramesh Reddy

Auction Type:SARFAESI Auction

Contact Details

Contact Union Bank of India, Contact No. 9448740489

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