Land for auction Basavanahalli, Hassan by Indian Overseas Bank

Property for Auction in Arisikere Taluk, Hassan, Karnataka

Property Type IconProperty Type:
Land
Location IconLocation:
Arisikere Taluk, Hassan
Auction Date IconAuction Date:
21-08-2025 11:00 AM

Auction Details

Auction ID:559845

Bank Name:Indian Overseas Bank

Branch Name:ARASIKERE BRANCH

Reserve Price:44,32,240

EMD:4,43,224

Service Provider:BAANKNET

Important Dates

Submission Date:20-08-2025 05:00 PM

Bid Start Date:21-08-2025 11:00 AM

Property Description

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

Auction Description

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 Details

Contact no:08174-230333

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