Land for auction Ullal Village Mangalore 7 Cr PNB Housing Finance Limited

This auction presents a prime opportunity to acquire a significant parcel of land located in Ullal Village, Mangalore, Karnataka. As a residential asset, this property offers potential for development or investment. Situated in a key area of Mangalore, it benefits from the region's growing economic activity and infrastructure development. The land is being auctioned by PNB Housing Finance Limited as part of a SARFAESI action, offering a direct transaction from the financial institution. This is a notable offering for astute buyers looking to expand their real estate portfolio in a sought-after coastal city.

PNB Housing Finance Limited is conducting a SARFAESI auction for a valuable land parcel in Ullal Village, Mangalore, Karnataka. The auction will take place on November 26, 2025, with bidding open from 02:00 PM to 03:00 PM. The reserve price for this residential land is set at ₹7,33,38,000, with an Earnest Money Deposit (EMD) of ₹73,33,800 required to participate. This is a significant opportunity to acquire property directly from the bank, offering a streamlined and secure bidding process for interested parties. Don't miss this chance to bid on a substantial asset in a growing urban center.

The property is a land parcel located in Ullal Village, Mangalore. The reserve price is relatively high, requiring careful evaluation. Given the location and property type, it presents a calculated opportunity with moderate risk and potential for value appreciation depending on local market conditions.