Land for auction Lingabuddipalya Village Mysuru 53 lakh ICICI Home Finance

Property for Auction in KasabaHobli, Mysuru, Karnataka

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Reserve Price
53,13,600
Reserve Price
53,13,600
EMD Required
5,31,360
Property Specifications
Unit No.36
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
KasabaHobli, Mysuru
Auction Date IconAuction Date:
21-11-2025 02:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612634

Bank Name:ICICI Home Finance

Branch Name:Corporate Office : Mumbai

Reserve Price:53,13,600

EMD:5,31,360

Auction Time:11:00 AM-02:00 PM-03:00 PM

Service Provider:BidDeal.in

Important Dates

Submission Date:2025-11-20

Bid Start Date:2025-11-21

Property Description

This is a prime piece of residential land located in Kasaba Hobli, Mysuru, Karnataka. Offered by ICICI Home Finance through a SARFAESI auction, this asset presents a significant opportunity for development or investment. Situated in a well-regarded area of Mysuru, the land is ideal for building a home or for future real estate ventures. The property is being auctioned as part of a SARFAESI process, ensuring a transparent transaction. Its location in Kasaba Hobli offers a blend of serene surroundings and accessibility to city amenities.

State:Karnataka

City:Mysuru

Area:KasabaHobli

Asset Category:Residential

Full Address:36, Site No. 36, Property No. 7132467779, Assessment No 277/36/65 Ward No 16 Lingabuddipalya Village Srirampura Town Panchayath, Lingabuddipalya Village, Mysuru

Auction Description

ICICI Home Finance presents an online SARFAESI auction for a valuable residential land parcel in Kasaba Hobli, Mysuru, Karnataka. The auction is scheduled for November 21, 2025, with bidding commencing at 02:00 PM and concluding at 03:00 PM on the same day. The reserve price for this plot is INR 53,13,600, with an Earnest Money Deposit (EMD) of INR 5,31,360 required to participate. This is a formal auction conducted under the SARFAESI Act, offering a clear and regulated process for acquiring the property. Don't miss this chance to bid on desirable land in Mysuru.

Borrower Name:Manoj

Auction Type:SARFAESI Auction

Guarantor Names:Soujanya

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property, a land parcel in Mysuru, presents a calculated opportunity due to its location and physical possession status. The reserve price appears reasonable for the area, but thorough due diligence is recommended. Auction terms are standard, making it a potentially viable investment with careful assessment.

Contact Details

Branch:Branch Office : Corporate Office : Mumbai

Service Provider:BidDeal.in

Contact Details:

Contact no:9920807300

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