Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613944
Bank Name:Bank of Maharashtra
Branch Name:Hubballi
Reserve Price:₹8,34,000
EMD:₹83,400
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 is a bank auction for a plot of land located in Kambadakone, Udupi, Karnataka. The property is categorized as residential land and is being auctioned by the Bank of Maharashtra under the SARFAESI Act. The borrower's name is Mr. Sanketh. This is a prime opportunity to acquire land in a developing area.
State:Karnataka
City:Udupi
Area:Kambadakone
Asset Category:Residential
Full Address:B41, site B41 Kambadakone Village, Baindur Taluk Udupi District Biandur S.D 576219, Kambadakone, Udupi
Size:263.04 sq. Meter
Auction Description
The Bank of Maharashtra is conducting an online SARFAESI auction for a residential land parcel in Kambadakone, Udupi, Karnataka. The auction will take place on November 25, 2025, starting at 01:00 PM and concluding at 05:00 PM. The reserve price for this auction is INR 8,34,000, with an Earnest Money Deposit (EMD) of INR 83,400 required to participate. Interested bidders should review all auction terms and conditions provided by the bank.
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, a land parcel in Kambadakone, Udupi, presents a calculated investment opportunity given its location and reserve price. While the auction terms are standard, potential investors should assess the local market conditions and development potential thoroughly. The land's size and zoning may offer options for residential or other permitted uses.
Contact Details
Branch:Branch Office : Hubballi
Service Provider:BAANKNET
Contact Details:
Contact no: —
