Land for auction Pudu village Bantwal 29 lakh Indian Bank

Property for Auction in Bantwal, Dakshina Kannada, Karnataka

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
30 cents
Reserve Price
28,80,000
Reserve Price
28,80,000
EMD Required
2,88,000
Property Specifications
Size30 cents
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Bantwal, Dakshina Kannada
Auction Date IconAuction Date:
15-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:611924

Bank Name:Indian Bank

Branch Name:Mangaluru Branch

Reserve Price:28,80,000

EMD:2,88,000

Bid Increment:50,000

Auction Time:11AM to 4 PM

Service Provider:ebkray

Important Dates

Submission Date:14-11-2025 05:00 PM

Bid Start Date:2025-11-15

Property Description

Discover a prime land parcel in Bantwal, Dakshina Kannada, Karnataka, offered by Indian Bank. This residential land, previously associated with M/s Inchara Bar and Restaurant, presents an excellent investment opportunity in a growing region. Its strategic location within Dakshina Kannada ensures accessibility and potential for future development. Ideal for residential purposes, this plot is a blank canvas awaiting your vision. Don't miss this chance to acquire valuable real estate in a sought-after Karnataka locale.

State:Karnataka

City:Dakshina Kannada

Area:Bantwal

Asset Category:Residential

Full Address:Pudu village, Bantwala Taluk, Dakshina Kannada, Pudu village, Bantwal

Size:30 cents

Auction Description

Indian Bank presents a SARFAESI auction for a significant land parcel in Bantwal, Dakshina Kannada, Karnataka. The auction features a competitive reserve price of ₹28,80,000, with an Earnest Money Deposit (EMD) of ₹2,88,000 required to participate. Bidding opens on November 15, 2025, at 11:00 AM and closes at 4:00 PM on the same day. This is a unique opportunity to acquire residential land directly from the bank, bypassing traditional real estate processes. Secure your bid for this promising property in the vibrant Dakshina Kannada district.

Borrower Name:M/s Inchara Bar and Restaurant

Auction Type:SARFAESI Auction

Guarantor Names:Mrs. Usha Gambhira

Legal Details

Possession Status:Symbolic

Encumbrance Details:Known to the bank NIL

Why This Property

The property is a land in a developing area with a moderate reserve price. The auction terms are standard, making it a calculated opportunity for potential investors. Location advantages and future development prospects support a positive yet cautious approach.

Contact Details

Branch:Branch Office : Mangaluru Branch

Service Provider:ebkray

Contact Details:

Contact no:8291220220

Discover Similar Auctions

Videos