Property for Auction in Undedasarahalli, Chikmagalur, Karnataka
Auction ID:563890
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹56,54,000
EMD:₹5,65,400
Service Provider:ebkray
Submission Date:06-09-2025 05:00 PM
Bid Start Date:08-09-2025 11:00 AM
This auction features a residential plot situated in Undedasarahalli, a developing area within the scenic district of Chikmagalur, Karnataka. As part of a SARFAESI action by Punjab National Bank, this property represents a significant investment opportunity. The plot is located in a region known for its natural beauty and growing infrastructure, making it ideal for future development or personal use. The property is being auctioned following standard banking procedures, offering a transparent and accessible process for potential buyers.
State:Karnataka
City:Chikmagalur
Area:Undedasarahalli
Asset Category:Residential
Punjab National Bank presents a SARFAESI auction for a valuable residential plot located in Undedasarahalli, Chikmagalur, Karnataka. This auction offers a unique opportunity to acquire a property previously associated with Mis Pranjala Traders and Commission Agents. The bidding starts at a reserve price of INR 56,54,000, with an Earnest Money Deposit (EMD) of INR 5,65,400 required to participate. The auction will be conducted online on September 8, 2025, commencing at 11:00 AM and concluding at 5:00 PM. Don't miss this chance to invest in a promising location within Chikmagalur.
Borrower Name:Mis Pranjala Traders and Commission Agents
Auction Type:SARFAESI Auction
Contact Mobile No. 9632588100, 9572198220