Property for Auction in KasabaHobli, Mysuru, Karnataka
Auction ID:550702
Bank Name:HDFC Bank
Branch Name:Reg Office : Mumbai
Reserve Price:₹28,50,000
EMD:₹2,85,000
Service Provider:Samil
Submission Date:02-09-2025 05:00 PM
Bid Start Date:04-09-2025 12:00 PM
This bank auction property, situated in Kasaba Hobli, Mysuru, Karnataka, comprises a Land and Building. The asset is being auctioned by HDFC Bank under SARFAESI proceedings due to loan default by the borrower, Mr. Lokesha V. The property offers a significant opportunity for investment or development in the growing city of Mysuru. Its location in Kasaba Hobli provides access to local amenities and infrastructure. The property is categorized as residential, making it suitable for various purposes. Detailed site inspection and legal due diligence are strongly recommended for all prospective bidders before participating in the auction.
State:Karnataka
City:Mysuru
Area:KasabaHobli
Asset Category:Residential
HDFC Bank is conducting a SARFAESI auction for a prime property located in Kasaba Hobli, Mysuru, Karnataka. The auction features a Land and Building asset belonging to borrower Mr. Lokesha V. The bidding will commence on 04-09-2025 at 12:00 PM and conclude at 12:30 PM on the same day. The reserve price for this attractive residential property is set at INR 28,50,000, with an Earnest Money Deposit (EMD) of INR 2,85,000 required to participate. This is a unique opportunity to acquire a valuable asset in a sought-after location. Interested parties are advised to review all auction terms and conditions provided by HDFC Bank.
Borrower Name:Mr. Lokesha V
Auction Type:SARFAESI Auction
Contact no:080-41182283, 080-41182126/9449080072/7795853045