Non-Agricultural Land for auction T-58 Mangalore by HDB Financial Services Li

Property for Auction in Mangalore, Mangalore, Karnataka

Property Type IconProperty Type:
Non- Agricultural Land
Location IconLocation:
Mangalore, Mangalore
Auction Date IconAuction Date:
30-09-2025 11:00 AM

Auction Details

Auction ID:577864

Bank Name:HDB Financial Services Limited

Branch Name:Registered Office : Ahamedabad

Reserve Price:42,13,433

EMD:4,21,343

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:29-09-2025 06:00 PM

Bid Start Date:30-09-2025 11:00 AM

Property Description

This is a prime non-agricultural land parcel located in the bustling city of Mangalore, Karnataka. Situated within the Mangalore area, this residential-categorized asset offers significant development potential. Its strategic location provides excellent connectivity and access to essential amenities, making it an attractive investment for those looking to acquire land in a rapidly growing urban center. The property is being auctioned by HDB Financial Services Limited under the SARFAESI Act.

State:Karnataka

City:Mangalore

Area:Mangalore

Asset Category:Residential

Auction Description

HDB Financial Services Limited presents a SARFAESI auction for a valuable non-agricultural land in Mangalore, Karnataka. The auction is scheduled for September 30, 2025, with bidding open from 11:00 AM to 12:00 PM. The reserve price for this residential land is INR 42,13,433, and the Earnest Money Deposit (EMD) required is INR 4,21,343. This is a unique opportunity to acquire land in a sought-after location, previously owned by DURGA ELECTRICALS.

Borrower Name:DURGA ELECTRICALS

Auction Type:SARFAESI Auction

Contact Details

-Mrs. Ragini. M K.- 9110609817 and Raghavendra Rao KR-9620764555

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