Land for Auction Kolimekuntte Area Kolar 1 Crore by Union Bank of India 12 Jun 2026
Kolimekuntte Area, Kolar
Area: 4462.50 sft
Muncipal no 5308/8, 5093/8, 4207, A Division, Kolimekuntte Area, Mulbagil Taluk, Mulbagilu Town
Union Bank of India · Asset Recovery Branch
Reserve price
₹1,01,00,000
EMD ₹10,10,000
Auction date
12 Jun 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 4462.50 sft
- ▸Locality: Kolimekuntte Area
- ▸Reserve: ₹1,01,00,000
- ▸EMD: ₹10,10,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Kolimekuntte Area |
| Built-up / plot area | 4462.50 sft |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Auction type | SARFAESI Auction |
| Bid increment | ₹2,00,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Kolimekuntte Area, Kolar by Union Bank of India — reserve price ₹1,01,00,000, 4462.50 sft, Symbolic possession.
Bank auction property! Vacant residential land for sale in Mulbagal, Kolar, Karnataka. This land measures 4462.50 sft and is located in Muncipal no 5308/8, 5093/8, 4207 situated at A Division, Kolimekuntte Area, Mulbagil Taluk, Mulbagilu Town. The auction is conducted by Union Bank of India with a reserve price of ₹10100000.0 and an EMD of ₹1010000.0. Don't miss this opportunity to own a valuable piece of land in a prime location through this bank auction. Contact the authorized officer for more details and to participate in the e-auction on 2026-06-12.
GeoSquare note: The property is a vacant residential land in Mulbagal with some pending litigation. Given the symbolic possession and pending litigation, it's a fair option for buyers comfortable with the risks. The price range is moderate, and the location in Kolimekuntte Area is potentially valuable, but the litigation may delay the process.
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