Land for auction 15260030 L.G.P. Residency, Udupi, Udupi by Bharat Bank

Discover a promising residential apartment situated in Udupi, Karnataka, a city renowned for its cultural heritage and burgeoning development. This property, located on the second floor of the 'L.G.P. Residency' building in Kuthyar Village, offers a comfortable 805 sq.ft. (74.81 sq. meters) of super built-up area. The apartment comes with a proportionate share in the land and common amenities, providing a holistic living experience. Udupi's strategic location in coastal Karnataka, with its excellent connectivity and growing infrastructure, makes it an attractive destination for both residents and investors. The proximity to educational hubs, healthcare facilities, and local markets enhances the desirability of this offering. This is an ideal opportunity for first-time homebuyers or those looking to expand their real estate portfolio in a region with significant growth potential. The property is presented through a bank auction, offering a transparent and regulated acquisition process.

This SARFAESI auction presents a compelling opportunity to acquire a residential apartment, unit number 204, within the 'L.G.P. Residency' building located in Kuthyar Village, Udupi Taluk, Udupi District, Karnataka. The property offers a super built-up area of 805 sq.ft. (74.81 sq. meters) on the second floor, inclusive of a 9.722% undivided interest in common areas and facilities. Situated in the vibrant city of Udupi, known for its educational institutions and spiritual significance, this location provides both residential comfort and potential for appreciation. The auction is being conducted by Bharat Bank, with the bidding scheduled to commence on July 31, 2025, from 12:30 PM to 01:30 PM. A reserve price of INR 1,700,000.00 is set, with an Earnest Money Deposit (EMD) of INR 170,000.00 required. Prospective buyers are advised to review all terms and conditions thoroughly and ensure their application is submitted by July 30, 2025, 05:00 PM. For further inquiries, contact details are available.