Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613936
Bank Name:Bank of Maharashtra
Branch Name:Hubballi
Reserve Price:₹67,29,000
EMD:₹6,72,900
Bid Increment:₹50,000
Auction Time:1.00 pm to 5.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
A parcel of land located in the Kundapura Taluk of Udupi, Karnataka. This residential land offers a prime opportunity for development or investment in a growing region. Situated within a well-connected area, it provides convenient access to local amenities and infrastructure. The property is being auctioned by the Bank of Maharashtra.
State:Karnataka
City:Udupi
Area:Kundapura Taluk
Asset Category:Residential
Full Address:Gujjadi Village, Kundapura Taluk, Udupi District, Gujjadi Village, Udupi
Size:1902.02 Sq. Meter
Auction Description
This is a SARFAESI auction conducted by the Bank of Maharashtra for a land parcel in Kundapura Taluk, Udupi, Karnataka. The auction starts on November 25, 2025, at 01:00 PM and concludes at 05:00 PM on the same day. The reserve price is ₹67,29,000, with an Earnest Money Deposit (EMD) of ₹6,72,900 required to participate. This is a significant opportunity to acquire valuable land in a sought-after location.
Borrower Name:Mr. Sanketh
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Janardhan Kharvi
Legal Details
Possession Status:Physical
Encumbrance Details:NIL
Why This Property
The property is a land parcel in Gujjadi Village, Udupi, presenting a calculated opportunity. The reserve price is moderate for the area, and with a physical possession status, it could be a good investment. However, due diligence is recommended to assess the local market conditions and potential for appreciation.
Contact Details
Branch:Branch Office : Hubballi
Service Provider:BAANKNET
Contact Details:
Contact no: —
