Land for auction - Belavatha Villa - KasabaHobli - Mysuru by Canara

Property for Auction in KasabaHobli, Mysuru, Karnataka

Property Type IconProperty Type:
Land
Location IconLocation:
KasabaHobli, Mysuru
Auction Date IconAuction Date:
04-03-2025 10:30 AM

Auction Details

Auction ID:447996

Bank Name:Canara Bank

Branch Name:ARM-1 Branch

Reserve Price:5,39,44,000

EMD:53,94,000

Service Provider:BAANKNET

Important Dates

Submission Date:03-03-2025 05:00 PM

Bid Start Date:04-03-2025 10:30 AM

Property Description

A residential land parcel measuring 4 Acres in Kasaba Hobli, Mysuru, Karnataka. The land is situated in Sy. No. 93/2-P-By: 1, Belavatha Village @ Manti Village. The property's coordinates are Latitude 12.3537780 and Longitude 76.6470830. It is important to note that out of the total 80,000 Sq Ft mortgaged land, 47,916 Sq Ft is involved in litigation (Writ Petition No. 3732/2021) and will be auctioned at a later date. The boundaries are as follows: East - Land of Sanjeev Nayak, West - Land of Mohammed Saheb, North - Pumiahana Nala, and South - Land of Chikkanna.

State:Karnataka

City:Mysuru

Area:KasabaHobli

Asset Category:Residential

Auction Description

This is a SARFAESI auction conducted by Canara Bank for a piece of land located in Sy. No. 93/2-P-By: 1, Belavatha Village @ Manti Village, Kasaba Hobli, Mysuru Taluk, Mysuru District, Karnataka. The total extent of land mortgaged to the bank is 80,000 Sq Ft, however, 47,916 Sq Ft is currently under litigation and will be auctioned after the disposal of the High Court case. The property is bounded by land of Sanjeev Nayak to the East, land of Mohammed Saheb to the West, Pumiahana Nala to the North, and land of Chikkanna to the South. The auction will take place on March 4, 2025, from 10:30 AM to 11:00 AM. The reserve price is 53,944,000.00 and the EMD is 5,394,000.00. The borrower is M/s Rafah-Ul-Muslimeen Educational Trust.

Borrower Name:M/s Rafah-Ul-Muslimeen Educational Trust

Auction Type:SARFAESI Auction

Contact Details

Contact No : 08025310066, 9627872626, 7483935007, 9538406090, 9598559920

Discover Similar Auctions

Videos