Property for Auction in KasabaHobli, Mysuru, Karnataka
Auction ID:555599
Bank Name:Canara Bank
Branch Name:Regional Office : Mysuru
Reserve Price:₹10,63,00,000
EMD:₹1,06,30,000
Service Provider:BAANKNET
Submission Date:23-08-2025 05:00 PM
Bid Start Date:25-08-2025 10:00 AM
This auction features a substantial residential plot situated in Kasaba Hobli, Mysuru, Karnataka. The property, owned by Canara Bank under the SARFAESI Act, offers a significant land parcel suitable for various residential development possibilities. Located in the well-connected Mysuru region, the plot benefits from the area's growing infrastructure and economic activity. As a plot, it presents a blank canvas for prospective buyers to envision and create their dream residence or investment. This is an excellent opportunity to acquire land in a sought-after Karnataka locale.
State:Karnataka
City:Mysuru
Area:KasabaHobli
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a prime residential plot located in Kasaba Hobli, Mysuru, Karnataka. The property, previously mortgaged by M/s. Sri Balaji Industries, is up for sale at a reserve price of ₹10,63,00,000. The Earnest Money Deposit (EMD) required is ₹1,06,30,000. This is a fantastic opportunity to acquire a valuable asset in a desirable location. The auction will be conducted online on August 25, 2025, commencing at 10:00 AM and concluding at 11:00 AM. Don't miss this chance to bid on a significant property.
Borrower Name:M/s. Sri Balaji Industries
Auction Type:SARFAESI Auction
Contact (Ph. No. 0821 2528220, 0821 2528228)