Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609451
Bank Name:Edelweiss Asset Reconstruction Company Limited
Branch Name:Retail Central & Regd. Office: Mumbai
Reserve Price:₹13,20,000
EMD:₹1,32,000
Auction Time:11.00 AM
Service Provider:edelweiss arc
Important Dates
Submission Date:01-12-2025 05:00 PM
Bid Start Date:2025-12-02
Property Description
A prime parcel of land located in Bangarpet, Kolar, Karnataka, offered for auction by Edelweiss Asset Reconstruction Company Limited. This residential land presents a unique opportunity for development or investment in a rapidly growing area. The property is situated within the Kolar district, known for its connectivity and developing infrastructure. Ideal for those looking to acquire land for residential projects or long-term asset building.
State:Karnataka
City:Kolar
Area:Bangarpet
Asset Category:Residential
Full Address:Municipal Katha No. 1861, Old Assessment No. 2128 Present Municipal Katha No. 2268/1-2128/1, Pid No. 23-2-568-266, Ward No. 23, Masijid Ward, Situated At Reddys Field, Bhavarilalpet, Robertsonpet, K.G.F., Robertsonpet, Kolar
Size:600 Sq. Ft.
Auction Description
Edelweiss Asset Reconstruction Company Limited presents a SARFAESI auction for a valuable land parcel in Bangarpet, Kolar, Karnataka. The reserve price is set at ₹13,20,000 with an EMD of ₹1,32,000. This is a significant opportunity to acquire a property under the SARFAESI Act. The auction will be conducted online, starting on December 2, 2025, at 11:00 AM and concluding at 01:00 PM on the same day. Don't miss this chance to bid on this promising asset.
Borrower Name:M/s Gyancity Pu College
Auction Type:SARFAESI Auction
Guarantor Names:M/s Golden City Educational Trust, Mr. A M Arun Vijay, Ms. Jacintha Mary A
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land offers a good opportunity due to its location in Bangarpet, Kolar, and relatively low reserve price. While the size is modest, the area has potential for development. Careful evaluation of local market conditions is advised before bidding.
Contact Details
Branch:Branch Office : Retail Central & Regd. Office: Mumbai
Service Provider:edelweiss arc
Contact Details:
Contact no:18002666540
