Land for auction Sanitary Board Colony, Roberstsonpet Bangarpet, Kolar, Karnataka 50 lakh Edelweiss Asset Reconstruction Company Limited

Property for Auction in Bangarpet, Kolar, Karnataka

Recommendation
Calculated OpportunityScore: 6.5
Possession
Physical
Reserve Price
49,61,000
Reserve Price
49,61,000
EMD Required
4,96,100
Property Specifications
Unit No.14
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Bangarpet, Kolar
Auction Date IconAuction Date:
02-12-2025 11:00 AM

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

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