Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611668
Bank Name:Bank of India
Branch Name:Bengaluru Zone
Reserve Price:₹1,13,40,000
EMD:₹11,34,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
This offering features a valuable parcel of land situated in Chennagiri, Davanagere, Karnataka. The property is part of a SARFAESI auction conducted by the Bank of India. It represents a significant opportunity for investors or developers in a growing region. The land is categorized as residential, offering potential for various development projects.
State:Karnataka
City:Davanagere
Area:Chennagiri
Asset Category:Residential
Full Address:Site No. 17 & 18, Shanthi Sagar Road, Chikkabennur village, Santebennur hobli, Chennagiri taluk, Davangere district, Chikkabennur, Davanagere
Size:139.2835 Sq mts
Auction Description
Bank of India presents a SARFAESI auction for land in Chennagiri, Davanagere, Karnataka. The auction has a reserve price of INR 1,13,40,000 and an Earnest Money Deposit (EMD) of INR 11,34,000. Bidding will commence on December 9, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. This is a prime opportunity to acquire property from a reputable financial institution.
Borrower Name:M/s. Marulasiddeshwara
Auction Type:SARFAESI Auction
Guarantor Names:Mr. M Jayadev Kumar, Mr. M Vageesh, Mr. Murugendriah
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
Located in Chennagiri, Davanagere, this residential land offers a calculated opportunity due to its developing location and Bank of India auction terms. While the property has potential, further investigation into local market conditions is advised before bidding. The price point warrants consideration for those seeking entry into the Davanagere real estate market.
Contact Details
Branch:Branch Office : Bengaluru Zone
Service Provider:BAANKNET
Contact Details:
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