Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611868
Bank Name:Bank of India
Branch Name:Bengaluru Zone
Reserve Price:₹48,50,000
EMD:₹4,85,000
Auction Time:11.00 am to 05.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
A residential plot located in Bailhongal, Belagavi, Karnataka, offered for auction by the Bank of India. This SARFAESI auction presents a prime opportunity to acquire land in a developing area. The plot is categorized as residential and is part of a foreclosure proceeding against Mrs. Shobhadevi Fakeeragouda Siddanagoudar.
State:Karnataka
City:Belagavi
Area:Bailhongal
Asset Category:Residential
Full Address:10(10), TMC no 733K/10(10), RS No.33/B Old RS No 33/2 Plot No 10(10), Hosur road, near Siddeshwar Garden, Bailhongal Tq. Bailhongal, Dist. Belagavi, Bailhongal, Belagavi
Size:204 Sq. meter
Auction Description
Bank of India is conducting an online SARFAESI auction for a residential plot in Bailhongal, Belagavi, Karnataka. The auction will commence on November 25, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price is set at ₹48,50,000, with an Earnest Money Deposit (EMD) of ₹4,85,000 required to participate. This is a unique chance to invest in real estate through a transparent auction process.
Borrower Name:Mrs. Shobhadevi Fakeeragouda Siddanagoudar
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential plot in Bailhongal, Belagavi, offered at a reserve price of ₹4850000.0. Its location and size suggest potential for residential development, but potential buyers should conduct thorough due diligence. The auction terms appear standard, warranting a calculated approach.
Contact Details
Branch:Branch Office : Bengaluru Zone
Service Provider:BAANKNET
Contact Details:
Chief Manager & Authorized Officer
Contact no: —
