Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611670
Bank Name:Bank of India
Branch Name:Bengaluru Zone
Reserve Price:₹18,00,000
EMD:₹1,80,000
Auction Time:11:00 am to 05:00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
This is a bank auction for a piece of land in Santhebennur, Davanagere, Karnataka. The property is categorized as residential land and is being auctioned by the Bank of India under SARFAESI Act. The borrower is M/s. Marulasiddeshwara. This is a prime opportunity to acquire land in Davanagere.
State:Karnataka
City:Davanagere
Area:Santhebennur
Asset Category:Residential
Full Address:157/27, E Khata No. 151200104900100158, Old No. 157/27/1030, Site no. 157/27, Santhebennur, Davanagere
Size:111.63 Sq.Mts
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential land property in Santhebennur, Davanagere, Karnataka. The auction will take place on December 9, 2025, starting at 11:00 AM and concluding at 5:00 PM. The reserve price for this auction is INR 18,00,000, with an Earnest Money Deposit (EMD) of INR 1,80,000 required. This is a direct sale of property collateral.
Borrower Name:M/s. Marulasiddeshwara
Auction Type:SARFAESI Auction
Guarantor Names:Mr. M Jayadev Kumar, Mr. M Vageesh, Mr. Murugendriah
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land's location in Santhebennur, Davanagere, offers potential for future appreciation. The reserve price of ₹18,00,000 and EMD of ₹1,80,000 make it an accessible investment, but bidders should carefully assess the location and surrounding infrastructure for long-term value.
Contact Details
Branch:Branch Office : Bengaluru Zone
Service Provider:BAANKNET
Contact Details:
Chief Manager & Authorized Officer
Contact no: —
