Property for Auction in Kambadakone, Udupi, Karnataka
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613942
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
Submission Date:2025-11-24
Bid Start Date:2025-11-25
This offering features a parcel of land located in Kambadakone, Udupi, Karnataka. Situated in a developing area, this residential land presents a potential opportunity for future development or investment. The property is being auctioned by the Bank of Maharashtra as part of a SARFAESI action. Please conduct your own due diligence regarding land use, zoning, and any potential encumbrances.
State:Karnataka
City:Udupi
Area:Kambadakone
Asset Category:Residential
Full Address:B21, Site B21, Kambadakone Village, Baindur Taluk, Udupi District Biandur S.D 576219, Kambadakone, Udupi
Size:283.28 sq. Meter
Bank of Maharashtra is conducting an online SARFAESI auction for a parcel of land in Kambadakone, Udupi, Karnataka. The auction has a reserve price of ₹8,99,000 and requires an EMD of ₹89,900. Bidding will open on November 25, 2025, at 1:00 PM and close at 5:00 PM on the same day. This is an opportunity to acquire land through a public auction process. Interested bidders are advised to review all auction terms and conditions and perform necessary property inspections.
Borrower Name:Mr. Sanketh
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Janardhan Kharvi
Possession Status:Physical
Encumbrance Details:NIL
The property is a small land plot in a rural area, Kambadakone, with a relatively low reserve price. While the location may not be prime, the physical possession status and lack of encumbrances offer some security. It represents a calculated opportunity for local investors or those looking for affordable land holdings.
Branch:Branch Office : Hubballi
Service Provider:BAANKNET
Contact Details:
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