Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613938
Bank Name:Bank of Maharashtra
Branch Name:Hubballi
Reserve Price:₹12,83,000
EMD:₹1,28,300
Bid Increment:₹25,000
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
This auction features a parcel of land in Kambadakone, Udupi, Karnataka. The property is categorized as residential land and is being auctioned under the SARFAESI Act by the Bank of Maharashtra. Ideal for development or personal use, this land offers a great opportunity in the growing Udupi region. The borrower is Mr. Sanketh.
State:Karnataka
City:Udupi
Area:Kambadakone
Asset Category:Residential
Full Address:A3, Site A3 Kambadakone Village, Baindur Taluk, Kambadakone, Udupi
Size:404.68 Sq. Meter
Auction Description
Bank of Maharashtra presents a SARFAESI auction for a residential land parcel in Kambadakone, Udupi, Karnataka. The auction will take place on November 25, 2025, from 1:00 PM to 5:00 PM. The reserve price is set at ₹12,83,000, with an Earnest Money Deposit (EMD) of ₹1,28,300 required to participate. This is a prime opportunity to acquire 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 a developing area, offering moderate investment potential. The reserve price is reasonable, but further due diligence on the location and market demand is recommended. Auction terms are standard, making it a calculated opportunity for interested buyers.
Contact Details
Branch:Branch Office : Hubballi
Service Provider:BAANKNET
Contact Details:
Contact no: —
