Property for Auction in Arisikere Taluk, Hassan, Karnataka
Auction ID:559845
Bank Name:Indian Overseas Bank
Branch Name:ARASIKERE BRANCH
Reserve Price:₹44,32,240
EMD:₹4,43,224
Service Provider:BAANKNET
Submission Date:20-08-2025 05:00 PM
Bid Start Date:21-08-2025 11:00 AM
This property is a parcel of land located in Arisikere Taluk, Hassan, Karnataka. It is being auctioned by Indian Overseas Bank as part of a SARFAESI action. The land is classified as residential. The borrower associated with this asset is M/s. SHEELA BRICK INDUSTRIES. The property offers a potential for various uses, suited for residential development or other land-based ventures. Its location in Hassan district provides access to regional amenities and infrastructure.
State:Karnataka
City:Hassan
Area:Arisikere Taluk
Asset Category:Residential
Indian Overseas Bank is holding a SARFAESI auction for land in Arisikere Taluk, Hassan, Karnataka. The auction will take place on August 21, 2025, from 11:00 AM to 2:00 PM. The reserve price is ₹44,32,240, with an Earnest Money Deposit (EMD) of ₹4,43,224 required to participate. This is an opportunity to acquire land in a well-known banking auction, presenting a chance for investment or development. Interested parties are encouraged to review all auction terms and conditions provided by Indian Overseas Bank.
Borrower Name:M/s. SHEELA BRICK INDUSTRIES
Auction Type:SARFAESI Auction
Contact no:08174-230333