Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614528
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹34,00,000
EMD:₹3,40,000
Service Provider:Public Auction
Important Dates
Submission Date:15-12-2025 12:00 PM
Bid Start Date:2025-12-15
Property Description
This offering features a parcel of Non-Agricultural Land located in Bellary, Ballari, Karnataka. As a residential asset, this land presents a development opportunity within a key urban area. The property is part of a SARFAESI auction conducted by City Union Bank, with a reserve price of INR 34,00,000. The Earnest Money Deposit (EMD) required is INR 3,40,000. This is a prime chance to acquire land in a significant district of Karnataka.
State:Karnataka
City:Ballari
Area:Bellary
Asset Category:Residential
Full Address:45, Plot No.45. CMC Ward No.17. City Corporation Ward No. 19. Survey No.932 (Converted into Non-Agriculture). Assessment No.29060/45, Inturi Nagar, Inturi Nagar, Bellary
Auction Description
City Union Bank is holding a SARFAESI auction for a Non-Agricultural Land in Bellary, Ballari, Karnataka. The auction will take place on December 15, 2025, commencing at 01:00 PM and concluding at 02:00 PM. The reserve price for this residential property is set at INR 34,00,000, with an EMD of INR 3,40,000. This is a time-sensitive opportunity to bid on valuable land offered by the bank.
Borrower Name:M/s. SGRL Logistics Private Limited
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Annapurna D., Ms. Kavya Sree D M., Minor Pavana Suta D M., Mr. Malleshappa
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a non-agricultural land in Bellary, offered at a reasonable reserve price. However, the lack of detailed size information impacts its overall assessment. A 'Calculated Opportunity' rating suggests careful due diligence before investing.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:08392-270199
