Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612360
Bank Name:PNB Housing Finance Limited
Branch Name:Registered Office : New Delhi
Reserve Price:₹33,13,000
EMD:₹3,31,300
Bid Increment:₹10,000
Auction Time:02pm to 03 pm
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This is a prime land parcel located in the Mangalore Taluka of Dakshina Kannada, Karnataka. As a residential asset, this land offers significant potential for development or investment. Situated in a region known for its growth, this property presents a unique opportunity for buyers seeking to acquire real estate in a desirable location. The land is being auctioned by PNB Housing Finance Limited.
State:Karnataka
City:Dakshina Kannada
Area:Mangalore Taluka
Asset Category:Residential
Full Address:22 76/8, Sy No 60/3, Door No 22 76/8, Ullal, Mangalore, Dakshina Kannada, Karnataka, India, 575020, Ullal, Mangalore
Auction Description
PNB Housing Finance Limited is conducting a SARFAESI auction for a land parcel in Mangalore Taluka, Dakshina Kannada, Karnataka. The auction will commence on November 26, 2025, at 02:00 PM and conclude at 03:00 PM on the same day. The reserve price for this residential land is INR 33,13,000, with an Earnest Money Deposit (EMD) of INR 3,31,300 required to participate. This is a direct opportunity to purchase property under the SARFAESI Act.
Borrower Name:Chandrakanth K
Auction Type:SARFAESI Auction
Guarantor Names:Premavathi S, Jai Maruthi Wood Works, Vydyanatha Engineering Works, Hémanth Raj
Legal Details
Possession Status:Physical
Encumbrance Details:Un-known
Why This Property
The property is a land in Mangalore, presenting a moderate investment opportunity. The reserve price and EMD are reasonable, but potential investors should conduct thorough due diligence on the location and encumbrances. It is a calculated opportunity due to the general nature of land investment.
Contact Details
Branch:Branch Office : Registered Office : New Delhi
Service Provider:Public Auction
Contact Details:
SD/-AUTHORIZED OFFICER
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