Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612171
Bank Name:Bank of India
Branch Name:Bengaluru Zone
Reserve Price:₹21,06,00,000
EMD:₹2,10,60,000
Auction Time:11:00 a.m. to 05:00 p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
This is a bank auction by the Bank of India for Plant & Machinery located in Udagatti, Bagalkot, Karnataka. The assets are classified as Scrap, Plant & Machinery, belonging to the borrower M/s Goudar Jaggery Private Limited. This is a SARFAESI Auction.
State:Karnataka
City:Bagalkot
Area:Udagatti
Asset Category:Scrap, Plant & Machinery
Full Address:SY No-33/2 of Kaladgi Hobli, Udagatti Village, Bagalkot District, Udagatti Village, Bagalkot
Auction Description
The Bank of India is conducting an online SARFAESI auction for Plant & Machinery in Udagatti, Bagalkot, Karnataka. The auction begins on December 9, 2025, at 11:00 AM and concludes on the same day at 5:00 PM. The reserve price is ₹21,06,00,000, with an EMD of ₹2,10,60,000. This auction is for scrap and plant/machinery assets.
Borrower Name:M/s Goudar Jaggery Private Limited
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ninganagouda Gangappagouda Goudar, Mrs. Kristavva N Goudar, Mrs. Laxmibai N Patil, Mr. Venkatesh Ningana gouda Patil
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, consisting of plant and machinery in Bagalkot, presents a calculated opportunity. The reserve price is significant, suggesting a substantial asset base. Location and the industrial nature requires careful market assessment, but the auction terms are standard.
Contact Details
Branch:Branch Office : Bengaluru Zone
Service Provider:BAANKNET
Contact Details:
Chief Manager & Authorized Officer
Contact no: —
