Land for Auction Belagailu Cross Gouthamma Nagar Bellary 5.8 Lakh by Asset Reconstruction Company India Ltd Arcil 07 Aug 2026
Belagailu Cross, Gouthamma Nagar, Bellary
Area: 875 Sq.feet
Corporation Ward No.30, Sy.No.596/C, Assessment No.43856/243, Belagailu Cross, Gouthamma Nagar
Asset Reconstruction Company (India) Ltd. (Arcil) · Dadar West, Mumbai
Reserve price
₹5,85,000
EMD ₹58,500
Auction date
07 Aug 2026, 03:30 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 875 Sq.feet
- ▸Locality: Belagailu Cross, Gouthamma Nagar
- ▸Reserve: ₹5,85,000
- ▸EMD: ₹58,500
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Belagailu Cross, Gouthamma Nagar |
| Built-up / plot area | 875 Sq.feet |
| Lender | Asset Reconstruction Company (India) Ltd. (Arcil) |
| Branch | Dadar West, Mumbai |
| Unit / flat no. | Sy.No.596/C, Assessment No.43856/243 |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Land bank auction in Belagailu Cross, Gouthamma Nagar, Bellary by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹5,85,000, 875 Sq.feet, Physical possession.
Explore a valuable bank auction property: a residential plot with a constructed area in the thriving Gouthamma Nagar, Belagailu Cross, Bellari. This desirable property, identified as Sy.No.596/C, offers a total area of 875 Sq.feet, including a 450 Sq.feet constructed space, making it ideal for renovation or new development. The asset is offered with clear physical possession, providing a secure investment. Conducted by Asset Reconstruction Company (India) Ltd. (Arcil), this bank auction property has a reserve price of ₹585,000 and EMD of ₹58,500. This is a prime opportunity for investors and homebuyers seeking a residential plot for sale in Bellari. Don't miss out on this competitive e-auction.
GeoSquare note: This property represents a strong buy opportunity due to its clear physical possession, which significantly reduces acquisition risks. It's a versatile asset, being a plot of land with existing construction, allowing for immediate use or redevelopment. Located in Gouthamma Nagar, Bellari, a specific and identifiable locality, and offered at a highly competitive reserve price, it's an accessible investment for individuals looking to acquire property in a developing region.
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