Property Type:
Location:
Auction Date:Auction Details
Auction ID:551217
Bank Name:IDFC First Bank Ltd
Branch Name:Chetpet, Chennai
Reserve Price:₹5,77,500
EMD:₹57,750
Service Provider:Public Auction
Important Dates
Submission Date:02-09-2025 05:00 PM
Bid Start Date:03-09-2025 11:00 AM
Property Description
This auction features a parcel of land located in Badami, within the Bagalkot district of Karnataka. The property is classified as residential land and is being auctioned by IDFC First Bank Ltd under SARFAESI regulations due to borrower default by Parappa Kavali. Badami is known for its historical significance and growing infrastructure, making this plot a potentially valuable acquisition for development or investment purposes.
State:Karnataka
City:Bagalkot
Area:Badami
Asset Category:Residential
Auction Description
IDFC First Bank Ltd invites bids for a SARFAESI auction of land in Badami, Bagalkot, Karnataka. The auction commences on September 3, 2025, at 11:00 AM and concludes at 01:00 PM on the same day. The reserve price is set at ₹5,77,500, with an Earnest Money Deposit (EMD) of ₹57,750 required to participate. This is a prime opportunity to acquire land in a developing area.
Borrower Name:Parappa Kavali
Auction Type:SARFAESI Auction
Contact Details
Name-Shankreppa Kanagond Contact Number-8197960337 Name-Jacob Palayoor Lazar Contact Number-8971675091
