Land for Auction Thiruvail Village Mangalore 6.5 Lakh by Assets Care Reconstruction Enterprise Ltd 29 Jul 2026

Quick read

• ▸Possession: Physical
• ▸Area: 5504.0 sq. ft.
• ▸Locality: Thiruvail Village
• ▸Reserve: ₹6,50,000
• ▸EMD: ₹65,000

About this property

Land bank auction in Thiruvail Village, Mangalore by Assets Care & Reconstruction Enterprise Ltd — reserve price ₹6,50,000, 5504.0 sq. ft., Physical possession.

Discover a valuable bank auction property: a converted land plot (Sy No. 95/2, Katha No. 2536) in Gutumane, Thiruvail Village, Mangalore, Karnataka. This freehold land, extending approximately 5504 sq. ft., is ideally located with roads on the East, North, and South sides, offering excellent accessibility. With a reserve price of just ₹6,50,000, this land parcel presents a significant investment opportunity for residential or commercial development. The auction is being conducted by Assets Care & Reconstruction Enterprise Ltd. with physical possession, making it a secure and attractive 'bank auction property'. Don't miss this chance to acquire a plot in a developing area near Mangalore.

GeoSquare note: This land property in Thiruvail, Mangalore, presents a strong investment opportunity due to its prime location with road access on three sides, offering high development potential. The reserve price of ₹6.5 lakhs for approximately 5504 sq. ft. is highly attractive. Coupled with physical possession, it mitigates common risks associated with auction properties, making it a secure and potentially high-return asset for a buyer.