Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613940
Bank Name:Bank of Maharashtra
Branch Name:Hubballi
Reserve Price:₹8,99,000
EMD:₹89,900
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 prime piece 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. It offers a great opportunity for development or investment in a developing area. The location provides a peaceful environment while remaining accessible to local amenities.
State:Karnataka
City:Udupi
Area:Kambadakone
Asset Category:Residential
Full Address:B20, Sy No 180-2P1(Earlier Sy No 180/2), Site No B20 Kambadakone Village, Baindur Taluk, Udupi District Biandur S.D, Kambadakone, Udupi
Size:283.28 sq. Meter
Auction Description
The Bank of Maharashtra is conducting a SARFAESI auction for a residential land parcel in Kambadakone, Udupi, Karnataka. The reserve price for this auction is ₹8,99,000, with an Earnest Money Deposit (EMD) of ₹89,900. The auction will take place on November 25, 2025, starting at 01:00 PM and concluding at 05:00 PM. This is a direct opportunity to acquire property previously associated with Mr. Sanketh.
Borrower Name:Mr. Sanketh
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Janardhan Kharvi
Legal Details
Possession Status:Physical
Encumbrance Details:NIL
Why This Property
This land parcel in Kambadakone presents a calculated opportunity due to its location and manageable size. The reserve price is reasonable, but potential investors should assess the local market thoroughly. The physical possession status is a plus, and due diligence is advised given the auction terms.
Contact Details
Branch:Branch Office : Hubballi
Service Provider:BAANKNET
Contact Details:
Contact no: —
