Property for Auction in Devaraja Mohalla, Mysuru, Karnataka
Auction ID:550815
Bank Name:Pridhvi Asset Reconstruction and Securitisation Company Limited
Branch Name:Kondapur, Hyderabad
Reserve Price:₹26,50,00,000
EMD:₹2,65,00,000
Service Provider:bankeauctions.com / C1 India
Submission Date:02-09-2025 04:00 PM
Bid Start Date:03-09-2025 01:00 PM
This auction features a substantial Land and Building property situated in the well-established Devaraja Mohalla area of Mysuru, Karnataka. Categorized as residential, this asset presents a compelling opportunity for development or investment. The property is part of a SARFAESI action initiated by Pridhvi Asset Reconstruction and Securitisation Company Limited, associated with the borrower M/s Vikram Hospital Private Limited. Its location in Mysuru, a city known for its growing infrastructure and economic activity, makes it a strategically important acquisition.
State:Karnataka
City:Mysuru
Area:Devaraja Mohalla
Asset Category:Residential
Pridhvi Asset Reconstruction and Securitisation Company Limited presents a SARFAESI auction for a prime Land and Building asset in Devaraja Mohalla, Mysuru. This residential property, formerly belonging to M/s Vikram Hospital Private Limited, offers a unique investment opportunity. The auction will be held on September 3, 2025, from 1:00 PM to 2:00 PM. The reserve price is set at ₹26,50,00,000, with an Earnest Money Deposit (EMD) of ₹2,65,00,000 required to participate. This is a significant opportunity to acquire a valuable asset in a sought-after location within Karnataka.
Borrower Name:M/s Vikram Hospital Private Limited
Auction Type:SARFAESI Auction
Mr K V RamaKrishna Prasad : 9652250044