Land for Auction Mulabagilu Kasaba Hobli Mulibagal Taluk Kolar 21.6 Lakh by Union Bank of India 14 Jul 2026
Mulabagilu Kasaba Hobli, Mulibagal Taluk, Kolar
Area: 1200 sq. ft.
Residential Site No. 9345/1 Survey No 587/1 (old No 587) at Mulabagilu Kasaba Hobli, Mulibagal Taluk Kolar District 563131.
Union Bank of India · J. C. Road Branch
Reserve price
₹21,60,000
EMD ₹2,16,000
Auction date
14 Jul 2026, 12:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 1200 sq. ft.
- ▸Locality: Mulabagilu Kasaba Hobli, Mulibagal Taluk
- ▸Reserve: ₹21,60,000
- ▸EMD: ₹2,16,000
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Mulabagilu Kasaba Hobli, Mulibagal Taluk |
| Built-up / plot area | 1200 sq. ft. |
| Lender | Union Bank of India |
| Branch | J. C. Road Branch |
| Unit / flat no. | No. 9345/1 Survey No 587/1 (old No 587) |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land bank auction in Mulabagilu Kasaba Hobli, Mulibagal Taluk, Kolar by Union Bank of India — reserve price ₹21,60,000, 1200 sq. ft., Physical possession.
An excellent opportunity to acquire a residential plot through a bank e-auction by Union Bank of India. This plot, bearing No. 9345/1 Survey No 587/1, is situated in the desirable Mulabagilu Kasaba Hobli, Mulibagal Taluk, Kolar District. Measuring 30 ft by 40 ft (1200 sq. ft.), this prime residential site is available at a reserve price of ₹21,60,000. The property is under physical possession of the bank with no known encumbrances, making it a secure investment. The e-auction is scheduled for July 14, 2026, from 12:00 PM to 05:00 PM. Interested bidders should deposit an EMD of ₹2,16,000. This is a great chance to purchase a residential plot for sale in Kolar at a competitive bank auction price.
GeoSquare note: This residential plot in Mulabagilu, Kolar District, presents a strong investment opportunity, especially given its physical possession status and no known encumbrances. The reserve price of ₹21.60 lakhs for 1200 sq. ft. is competitive for the region. The property type (plot) generally holds good appreciation potential. Potential buyers should perform due diligence regarding local development and market trends.
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