Property for Auction in KasabaHobli, Mysuru, Karnataka
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
Submission Date:03-03-2025 05:00 PM
Bid Start Date:04-03-2025 10:30 AM
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
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 No : 08025310066, 9627872626, 7483935007, 9538406090, 9598559920