Property for Auction in Tiptur, Tumkur, Karnataka
Auction ID:550017
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹1,75,00,000
EMD:₹17,50,000
Service Provider:Public Auction
Submission Date:20-08-2025 05:00 PM
Bid Start Date:21-08-2025 11:00 AM
This offering is a residential plot located in Tiptur, within the Tumkur district of Karnataka. Situated in a well-regarded area, the plot offers a solid investment opportunity for those looking to develop or hold property in the region. Tiptur is known for its connectivity and developing infrastructure, making it an attractive location for real estate ventures. The plot is categorized as residential, providing potential for various development options. This property is being auctioned by City Union Bank under the SARFAESI Act.
State:Karnataka
City:Tumkur
Area:Tiptur
Asset Category:Residential
City Union Bank presents a SARFAESI auction for a residential plot in Tiptur, Tumkur, Karnataka. The auction will be held on August 21, 2025, from 11:00 AM to 1:00 PM. The reserve price for this valuable property is ₹1,75,00,000, with an Earnest Money Deposit (EMD) of ₹17,50,000 required. This is an excellent opportunity to acquire a plot in a key location. The property is associated with borrower M/s. Sri Manjunatha Tractors. Don't miss this chance to invest in Tumkur's real estate market.
Borrower Name:M/s. Sri Manjunatha Tractors
Auction Type:SARFAESI Auction
M Nos 9343220166,8925964904