Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609447
Bank Name:Edelweiss Asset Reconstruction Company Limited
Branch Name:Retail Central & Regd. Office: Mumbai
Reserve Price:₹49,61,000
EMD:₹4,96,100
Auction Time:11.00 AM
Service Provider:edelweiss arc
Important Dates
Submission Date:Received 1 day prior to the date of auction
Bid Start Date:2025-12-02
Property Description
This is a land auction in Bangarpet, Kolar, Karnataka, offered by Edelweiss Asset Reconstruction Company Limited. The property is categorized as residential land and is being auctioned under SARFAESI rules. The borrower is M/s Gyancity Pu College. This is a significant opportunity to acquire land in the Kolar region.
State:Karnataka
City:Kolar
Area:Bangarpet
Asset Category:Residential
Full Address:14, Site No. 14, Old Khata No. 1097, Assessment No. 1158, New Municipal Khata No. 303, Assessment No. 356, Measuring East To West 2 Ft (51+41½) And North To South 30 Ft, Situated At Sanitary Board Colony, Within Roberstsonpet Cmc Limits, K.G.F., Sanitary Board Colony, Roberstsonpet, Bangarpet, Kolar, Karnataka
Auction Description
Edelweiss Asset Reconstruction Company Limited presents a SARFAESI auction for residential land located in Bangarpet, Kolar, Karnataka. The reserve price for this auction is ₹49,61,000, with an Earnest Money Deposit (EMD) of ₹4,96,100 required. The auction will take place on December 2, 2025, commencing at 11:00 AM and concluding at 01:00 PM. Don't miss this chance to bid on this valuable 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 property is a land parcel in Bangarpet, Kolar, offered at a reasonable reserve price. While the location offers potential, further due diligence is recommended to assess local market conditions and development opportunities. The auction terms are standard, presenting a calculated opportunity for investors familiar with the area.
Contact Details
Branch:Branch Office : Retail Central & Regd. Office: Mumbai
Service Provider:edelweiss arc
Contact Details:
Contact no:18002666540
