Land for Auction Mandi Mohalla Mysuru 5.8 Crore by Hdb Financial Services Limited 29 Jun 2026
Mandi Mohalla, Mysuru
Area: 851.0 sq. ft.
Property bearing No.225,225/1, 226, 226/1, 227,227/1 (New No.M60, M60/1, M60/2, M60/3, M60/4 & M60/5) Situated at Sayyaji Rao Road, Opp. To K R Hospital, Mandi Mohalla, Mysore
HDB Financial Services Limited · REGISTERED OFFICE : AHMEDABAD
Reserve price
₹5,78,47,519
EMD ₹57,84,751
Auction date
29 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 851.0 sq. ft.
- ▸Locality: Mandi Mohalla
- ▸Reserve: ₹5,78,47,519
- ▸EMD: ₹57,84,751
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Mandi Mohalla |
| Built-up / plot area | 851.0 sq. ft. |
| Lender | HDB Financial Services Limited |
| Branch | REGISTERED OFFICE : AHMEDABAD |
| Unit / flat no. | No.225,225/1, 226, 226/1, 227,227/1 (New No.M60, M60/1, M60/2, M60/3, M60/4 & M60/5) |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | bankeauctions.com / C1 India |
About this property
Land bank auction in Mandi Mohalla, Mysuru by HDB Financial Services Limited — reserve price ₹5,78,47,519, 851.0 sq. ft., Symbolic possession.
Discover a prime commercial land plot available through HDB Financial Services bank auction, strategically located in the bustling Mandi Mohalla area of Mysuru, Karnataka. This valuable 'as-is-where-is' property, previously owned by Hotel Kamadhenu, spans approximately 851 sq. ft. and is identified by multiple plot numbers (225, 226, 227 series / New M60 series). Situated on Sayyaji Rao Road, directly opposite K R Hospital, this plot for sale offers exceptional commercial potential and high visibility. The e-auction is scheduled for June 29, 2026, featuring a reserve price of ₹57,847,519 and an Earnest Money Deposit (EMD) of ₹5,784,752. This HDB Financial Services bank auction property represents a compelling investment for businesses and developers seeking a strategically positioned commercial plot in Mysuru.
GeoSquare note: This commercial land plot in Mandi Mohalla, Mysuru, offers a strong investment opportunity due to its prime location on Sayyaji Rao Road, opposite K R Hospital. The reserve price of ₹5.78 Crore for an 851 sq. ft. commercial plot in a high-demand area presents good value. While possession is symbolic, the 'as-is-where-is' basis and the absence of known encumbrances enhance its appeal for commercial development or long-term appreciation.
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