Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614211
Bank Name:Assets Care & Reconstruction Enterprise Ltd
Branch Name:Corporate Office : Mumbai
Reserve Price:₹70,00,000
EMD:₹7,00,000
Auction Time:02:30 PM to 03:30 PM
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-10
Property Description
This auction features a prime plot of Non-Agricultural Land located in Surathkal, Dakshina Kannada, Karnataka. The property is categorized as Residential and is being auctioned by Assets Care & Reconstruction Enterprise Ltd. Situated in a developing area, this land offers a great opportunity for residential development or investment. Its location in Surathkal provides good connectivity and access to local amenities. The borrower for this asset is Mr Mohammed Haneef.
State:Karnataka
City:Dakshina Kannada
Area:Surathkal
Asset Category:Residential
Full Address:303, Door no. 7-118 House Site No. 303, Sy. No. 95 New Sy. No. 23, 24, 7th Block Near Junior College Katipalla, Katipalla, Surathkal, Mangalore
Auction Description
Assets Care & Reconstruction Enterprise Ltd presents a SARFAESI Auction for a Non-Agricultural Land in Surathkal, Dakshina Kannada. The auction will commence on December 10, 2025, at 02:30 PM and conclude at 03:30 PM on the same day. The reserve price for this valuable plot is ₹70,00,000, with an Earnest Money Deposit (EMD) of ₹7,00,000 required to participate. This is a significant opportunity for investors and developers to acquire land in a sought-after region of Karnataka.
Borrower Name:Mr Mohammed Haneef
Auction Type:SARFAESI Auction
Guarantor Names:Aisamma H
Legal Details
Possession Status:Physical
Why This Property
The property is a non-agricultural land in a developing locality. The reserve price seems reasonable, but prospective buyers should conduct thorough due diligence. It is categorized as a Calculated Opportunity due to the potential for appreciation versus associated risks.
Contact Details
Branch:Branch Office : Corporate Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. Rohan Sawant, Mr. Vikram Shetty
Contact no:9833143013/9880405324
