Property for Auction in KasabaHobli, Mysuru, Karnataka
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
Submission Date:2025-11-20
Bid Start Date:2025-11-21
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Corporate Office : Mumbai
Service Provider:BidDeal.in
Contact Details:
Contact no:9920807300