Non-Agricultural Land for auction Marase Villa Mysuru by SBI

The property consists of two parcels of non-agricultural land in Marase Village, Varuna Hobli, Mysuru, Karnataka. The first parcel (Old Survey No.69/1 New Survey No.69/3) measures 0.35% Gunta and is bounded by Survey No.68 to the east, Survey No.69/2 to the west, Survey No.70 to the north, and Survey No.69/1 to the south. The second parcel (Old Survey No.69/2 New Survey No.69/4) measures 1 Acre 26.06 Gunta and is bounded by Survey No.69/1 to the east, Survey No.79 and 80 to the west, Survey No.70 to the north, and Survey No.69/2 to the south. Both parcels were converted for non-agricultural residential use on January 13, 2014. The total consolidated area is 9890.18 Square Meters, upon which 16 villas have been constructed. The property was sold via registered sale deed in favor of Shri. Ajith Narayan K and Shri.Shriram K on June 2, 2005.

This auction is for non-agricultural land located in Marase Village, Varuna Hobli, Mysuru Taluk and District, Karnataka. The property is divided into two items: Item 1, with Old Survey No.69/1 New Survey No.69/3, measuring 0.35% Gunta, and Item 2, with Old Survey No.69/2 New Survey No.69/4, measuring 1 Acre 26.06 Gunta. Both parcels have been duly converted for non-agricultural residential use. The consolidated property has a total area of 9890.18 Square Meters and includes 16 villas built on it, which are mortgaged to the bank. The auction is being conducted by the State Bank of India. The Reserve Price is ₹28,12,00,000.00 and the EMD is ₹2,81,20,000.00. The auction is scheduled for August 13, 2025, from 11:00 AM to 4:00 PM.