Property for Auction in KasabaHobli, Mysuru, Karnataka
Auction ID:551568
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹4,85,50,000
EMD:₹48,55,000
Service Provider:BAANKNET
Submission Date:13-08-2025 05:00 PM
Bid Start Date:14-08-2025 10:00 AM
A residential plot located in Kasaba Hobli, Mysuru, Karnataka. This property offers a substantial land area, ideal for residential development. Situated in a strategic location within Mysuru, it benefits from the growing infrastructure and economic activity of the region. The plot is being auctioned by Canara Bank under the SARFAESI Act. While classified as residential, its potential uses may extend to commercial or mixed-use developments subject to local regulations and approvals. Exact dimensions and survey details are available in the full auction documentation. This is a direct opportunity from the bank to acquire a plot in a sought-after location.
State:Karnataka
City:Mysuru
Area:KasabaHobli
Asset Category:Residential
Canara Bank invites sealed bids for a SARFAESI auction of a prime plot in Kasaba Hobli, Mysuru, Karnataka. The auction is scheduled for August 14, 2025, from 10:00 AM to 10:30 AM. The reserve price is set at ₹4,85,50,000, with an Earnest Money Deposit (EMD) of ₹48,55,000 required. This is a significant opportunity to acquire a valuable asset in a developing area. Property previously belonged to M/s Rafah-Ul-Muslimeen Educational Trust. For detailed terms and conditions, please refer to the official auction notice. Interested parties are encouraged to conduct their own due diligence.
Borrower Name:M/s Rafah-Ul-Muslimeen Educational Trust
Auction Type:SARFAESI Auction
Contact No : - .080-25310066, 9866977711,9439058121,8508442767