Land for auction Beeraganahalli Village, Yediyur Hobli Kunigal, Tumkur 27 lakh Karnataka Bank

Property for Auction in Kunigal, Tumkur, Karnataka

Recommendation
Calculated OpportunityScore: 6.5
Possession
Constructive
Size
1290 Sq.ft
Reserve Price
26,70,300
Reserve Price
26,70,300
EMD Required
2,67,030
Property Specifications
Size1290 Sq.ft
Unit No.15
Possession StatusConstructive
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Kunigal, Tumkur
Auction Date IconAuction Date:
10-12-2025 12:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:610212

Bank Name:Karnataka Bank

Branch Name:Asset Recovery Management Branch

Reserve Price:26,70,300

EMD:2,67,030

Bid Increment:50,000

Auction Time:12.05 PM to 12.20 PM

Service Provider:Auctionbazaar

Important Dates

Submission Date:09-12-2025 05:00 PM

Bid Start Date:2025-12-10

Property Description

A valuable plot of land located in Kunigal, Tumkur, Karnataka, offered by Karnataka Bank through a SARFAESI auction. This residential asset presents a unique opportunity for investors and buyers seeking land in this developing region. The property is situated in a growing area, making it ideal for future development or as a long-term investment. Its location in Tumkur district provides accessibility and potential for appreciation. The land is part of a SARFAESI auction, indicating a direct sale opportunity.

State:Karnataka

City:Tumkur

Area:Kunigal

Asset Category:Residential

Full Address:15, Residential Site bearing No.15, Property No.681/2/7/15, situated at Beeraganahalli Village, Yediyur Hobli, Beeraganahalli Village, Yediyur Hobli, Kunigal, Tumkur

Size:1290 Sq.ft

Auction Description

Karnataka Bank is conducting a SARFAESI auction for a plot of land in Kunigal, Tumkur, Karnataka. The auction will take place on December 10, 2025, starting at 12:00 PM and concluding at 12:20 PM. The reserve price for this land is ₹26,70,300, with an Earnest Money Deposit (EMD) of ₹2,67,030 required to participate. This is a timed online auction event, offering a straightforward process for interested bidders. The auction is an excellent opportunity to acquire land directly from the bank.

Borrower Name:Mr.Mahesh G

Auction Type:SARFAESI Auction

Guarantor Names:Mrs.Padma Mahesh

Legal Details

Possession Status:Constructive

Encumbrance Details:Not Known to Bank

Why This Property

The property is a residential land in a developing area. The reserve price is reasonable, and the location in Kunigal, Tumkur offers potential for future appreciation. However, due diligence regarding local market conditions and land value is advised before bidding.

Contact Details

Branch:Branch Office : Asset Recovery Management Branch

Service Provider:Auctionbazaar

Contact Details:

Contact no: —

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