Property for Auction in Someshwara,, Mangalore, Karnataka
Auction ID:553035
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹28,00,000
EMD:₹2,80,000
Service Provider:Auctionbazaar
Submission Date:20-08-2025 05:00 PM
Bid Start Date:21-08-2025 11:00 AM
This auction features a residential plot located in the Someshwara area of Mangalore, Karnataka. The property is being auctioned by Karnataka Bank under the SARFAESI Act. Situated in a developing region, this plot offers potential for residential construction. Mangalore is a major port city and commercial hub in Karnataka, known for its educational institutions and scenic beauty. The property is available for purchase through a transparent auction process with a reserve price of ₹28,00,000.
State:Karnataka
City:Mangalore
Area:Someshwara,
Asset Category:Residential
Karnataka Bank is conducting a SARFAESI auction for a residential plot in Someshwara, Mangalore. The auction is for the property of Mr. Sudharshan. The reserve price is ₹28,00,000, with an Earnest Money Deposit (EMD) of ₹2,80,000. This is a prime opportunity to acquire land in a desirable location. The auction will be held on August 21, 2025, starting at 11:00 AM and concluding at 5:00 PM on the same day.
Borrower Name:Mr. Sudharshan
Auction Type:SARFAESI Auction
Contact:-0824-2422811