Property for Auction in Vinayakanagara, Kolar, Karnataka
Auction ID:561049
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch, Bengaluru
Reserve Price:₹36,00,000
EMD:₹3,60,000
Service Provider:BAANKNET
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 12:00 PM
This offering is for a residential plot situated in Vinayakanagara, Kolar, Karnataka. The property was formerly mortgaged to Union Bank of India by the borrower, M/s Aditri Industries. Benefitting from its location in Kolar, this plot presents a sound investment for residential development or personal use. The area offers developing infrastructure and accessibility. The property is being auctioned under the SARFAESI Act.
State:Karnataka
City:Kolar
Area:Vinayakanagara
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for a residential plot located in Vinayakanagara, Kolar, Karnataka. The auction will commence on August 29, 2025, from 12:00 PM to 5:00 PM. The reserve price is set at ₹36,00,000, with an Earnest Money Deposit (EMD) of ₹3,60,000 required to participate. This is a prime opportunity to acquire a property in a developing area. Don't miss out on this bank auction opportunity.
Borrower Name:M/s Aditri Industries
Auction Type:SARFAESI Auction
Chief Manager Mr. Cyril Monteiro Contact No : 9825766633