Land for auction Kambadakone Udupi 9 lakh Bank of Maharashtra

This is a SARFAESI auction for a parcel of land located in Kambadakone, Udupi, Karnataka. The property is categorized as residential land, offering a potential opportunity for development or investment. The borrower is Mr. Sanketh. The land is situated in a region known for its growth potential. Further details regarding the exact size and location within Kambadakone can be obtained from the bank.

Bank of Maharashtra is conducting an online SARFAESI auction for a residential land parcel in Kambadakone, Udupi, Karnataka. The auction has a reserve price of INR 8,99,000 and requires an Earnest Money Deposit (EMD) of INR 89,900. The auction will commence on November 25, 2025, at 1:00 PM and conclude at 5:00 PM on the same day. Interested bidders are advised to review all auction terms and conditions provided by the Bank of Maharashtra. This is a secured asset auction under SARFAESI Act.

The land in Kambadakone, Udupi offers a decent investment potential due to its location and clear title. The reserve price appears reasonable, but potential investors should carefully evaluate the local market conditions. Given the nature of auction properties, a calculated approach is recommended.