Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:613006
Bank Name:Bank of India
Branch Name:Benguluru
Reserve Price:₹2,19,00,000
EMD:₹21,90,000
Auction Time:11:00 a.m. to 05:00 p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
This auction features a prime plot of industrial land located in Belur, Dharwad, Karnataka. The property is situated in a developing industrial area, offering excellent potential for commercial and manufacturing ventures. Its strategic location provides good connectivity to major transportation routes, making it an ideal investment for businesses looking to expand or establish a presence in the region. The land is suitable for various industrial purposes.
State:Karnataka
City:Dharwad
Area:Belur.
Asset Category:Industrials
Full Address:480(A) & 481(B), Plot no 480(A) & 481(B), Sy.No 340, Rural Development & Pachayat Property No.151300102000120760, Belur Industrial Estate, Belur Village, Dharwad
Size:2968.00 Sq.mtrs
Auction Description
Bank of India presents a SARFAESI auction for industrial land in Belur, Dharwad. The reserve price is ₹2,19,00,000, with an EMD of ₹21,90,000. This is a significant opportunity to acquire valuable industrial real estate. The auction will be conducted online on December 9, 2025, starting at 11:00 AM and concluding at 5:00 PM. Don't miss this chance to invest in a property with strong growth prospects.
Borrower Name:M/s. Kustom Machine
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Prahlad Raghavendra Havanur, Mr. Raghavendra P Havanur
Legal Details
Possession Status:Physical
Encumbrance Details:No encumbrance
Why This Property
The property's location in an industrial estate and its considerable size make it a promising investment. The reserve price appears reasonable, and the lack of encumbrances adds to its appeal. However, potential investors should conduct their own due diligence.
Contact Details
Branch:Branch Office : Benguluru
Service Provider:BAANKNET
Contact Details:
Contact no: —
