Property Type:
Location:
Auction Date:Auction Details
Auction ID:601242
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹2,90,00,000
EMD:₹29,00,000
Service Provider:Auctionbazaar
Important Dates
Submission Date:26-11-2025 05:00 PM
Bid Start Date:27-11-2025 11:15 AM
Property Description
This auction features a prime industrial land parcel located in Molakalmuru, Chitradurga, Karnataka. The property is offered by Karnataka Bank under the SARFAESI Act. Ideal for industrial development, this land presents a significant opportunity for investors and businesses seeking a strategic location in a developing region. The parcel is situated in a well-connected area, offering accessibility and potential for growth.
State:Karnataka
City:Chitradurga
Area:Molakalmuru
Asset Category:Industrials
Auction Description
Karnataka Bank is conducting a SARFAESI auction for industrial land in Molakalmuru, Chitradurga. The auction will take place on November 27, 2025, starting at 11:15 AM and concluding at 11:30 AM. The reserve price for this valuable industrial asset is ₹2,90,00,000, with an Earnest Money Deposit (EMD) of ₹29,00,000 required to participate. This is a unique chance to acquire a significant industrial plot.
Borrower Name:M/s AL Tech Engineering And Construction Private Limited
Auction Type:SARFAESI Auction
Contact Details
Contact Phone: 080-22955928(Gen)/22955929(AGM)
