Property for Auction in Hubli, Dharwad, Karnataka
Auction ID:536346
Bank Name:Karur Vysya Bank
Branch Name:Asset Recovery Branch
Reserve Price:₹7,10,000
EMD:₹71,000
Service Provider:bankauctions.in
Submission Date:22-07-2025 05:00 PM
Bid Start Date:23-07-2025 12:00 PM
Discover an outstanding opportunity to acquire a desirable residential plot located in the burgeoning area of Hubli, within the vibrant district of Dharwad, Karnataka. This freehold asset, Plot No. 153 in RS No 772/2A, offers a generous area of 108 square meters, providing ample space for constructing your dream home or a profitable investment property. Situated strategically on Ingalahalli Kusugal Road, the plot benefits from excellent accessibility and connectivity within the city. Its clearly defined boundaries—bordered by a 9-meter road to the East, Site No 126 to the West, Site No 152 to the North, and Site No 154 to the South—ensure straightforward development. This prime piece of land represents a significant value proposition for first-time buyers looking to establish roots in a promising residential locality, combining the benefits of a serene environment with urban convenience.
State:Karnataka
City:Dharwad
Area:Hubli
Asset Category:Residential
This exceptional residential plot is being offered through a SARFAESI Auction by Karur Vysya Bank, providing a secure and transparent acquisition process for prospective buyers. The attractive Reserve Price for this prime property is set at 710,000.00, making it an accessible entry point into real estate investment. A mandatory Earnest Money Deposit (EMD) of 71,000.00 is required to participate, ensuring only serious bidders engage. The online auction is scheduled to commence on July 23, 2025, at 12:00 PM and will conclude promptly at 01:00 PM on the same day. Crucially, all applications and EMD submissions must be completed by July 22, 2025, at 05:00 PM. For any queries or assistance regarding the auction process, interested parties are encouraged to contact Sri. Thrimoorthy S at 7022170553. This is an opportune moment for new buyers to confidently step into the world of bank auctions.
Borrower Name:Mr Umashankar R
Auction Type:SARFAESI Auction
Contact Sri. Thrimoorthy S Phone:7022170553