Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:614566
Bank Name:PIRAMAL FINANCE LTD
Branch Name:Kurla (West) Mumbai
Reserve Price:₹13,70,000
EMD:₹1,37,000
Auction Time:11:00 AM to 1:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
This auction features a valuable plot of land located in Udupi, Karnataka. Situated in the Udupi area, this residential asset offers a prime opportunity for development or investment. The land is being auctioned by PIRAMAL FINANCE LTD under the SARFAESI Act. Its convenient location within Udupi makes it an attractive proposition for buyers looking to acquire property in this developing region of Karnataka.
State:Karnataka
City:Udupi
Area:Udupi
Asset Category:Residential
Full Address:9, Sy No.29/18(P), Site No.9, Near by Darul Aman Education Trust, Yellur Village, Udupi, Karnataka-574113, Yellur Village, Udupi
Auction Description
PIRAMAL FINANCE LTD is conducting a SARFAESI auction for a land parcel in Udupi, Karnataka. The auction has a reserve price of INR 13,70,000 and an Earnest Money Deposit (EMD) of INR 1,37,000. Bidding will take place on 12-12-2025, starting at 11:00 AM and concluding at 01:00 PM. This is a unique chance to acquire a significant asset directly from the financial institution.
Borrower Name:Ravikiran
Auction Type:SARFAESI Auction
Guarantor Names:Latha R. Sherigar
Legal Details
Possession Status:As Is Where Is Basis
Encumbrance Details:Not Known to Bank
Why This Property
This land in Udupi presents a calculated opportunity, especially given the relatively low reserve price. The rural location may limit immediate returns, but long-term potential exists. Investment is recommended for those seeking land at a reasonable entry point with a willingness to wait for appreciation.
Contact Details
Branch:Branch Office : Kurla (West) Mumbai
Service Provider:Public Auction
Contact Details:
Contact no: —
