Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612365
Bank Name:PNB Housing Finance Limited
Branch Name:Registered Office : New Delhi
Reserve Price:₹1,98,37,000
EMD:₹19,83,700
Bid Increment:₹1,00,000
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
PNB Housing Finance Limited presents a prime land auction opportunity in Thota Village, Mangalore, Karnataka. This residential land, formerly owned by Sarfraz Nawaz, is being auctioned under the SARFAESI Act. Situated in the developing area of Thota Village, this property offers significant potential for residential development. The auction is conducted by PNB Housing Finance Limited. Don't miss this chance to acquire a valuable plot in a growing region.
State:Karnataka
City:Mangalore
Area:Thota Village
Asset Category:Residential
Full Address:MAIMOONA MANZIL, SY NOS 98/20B2 AND,98 21A2,D NO 5 11/1,MAIMOONA MANZIL, ULLALA VILLAGE, ULLALL DARGA ROAD THOKKOTTU, Ullala, Mangalore
Building/Society:MAIMOONA MANZIL
Auction Description
Participate in the SARFAESI auction hosted by PNB Housing Finance Limited for a significant parcel of land in Thota Village, Mangalore, Karnataka. The auction will take place on November 26, 2025, commencing at 02:00 PM and concluding at 03:00 PM. The reserve price for this residential land is ₹1,98,37,000, with an Earnest Money Deposit (EMD) of ₹19,83,700 required to bid. This is a unique opportunity to invest in Mangalore's real estate market.
Borrower Name:Sarfraz Nawaz
Auction Type:SARFAESI Auction
Guarantor Names:Maimuna Ullal Elias
Legal Details
Possession Status:Physical
Encumbrance Details:Un-known
Why This Property
The land's location in Mangalore presents a moderate investment opportunity. The reserve price should be carefully evaluated against current market rates. Due diligence is essential to assess the full potential and risks involved.
Contact Details
Branch:Branch Office : Registered Office : New Delhi
Service Provider:Public Auction
Contact Details:
Contact no:7428193765
