Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:612369
Bank Name:PNB Housing Finance Limited
Branch Name:Registered Office : New Delhi
Reserve Price:₹75,92,000
EMD:₹7,59,200
Bid Increment:₹2,000
Auction Time:02pm to 03 pm
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This is a prime plot of land located in Chennanadinne, Tumkur, Karnataka. Suitable for residential development, this asset offers a great opportunity for investment in a developing area. The property is being auctioned by PNB Housing Finance Limited under the SARFAESI Act.
State:Karnataka
City:Tumkur
Area:Chennanadinne
Asset Category:Residential
Full Address:14, 15, Site No 14, Site No 15, Ward No 35 Chennanadinne extension, Chennadinne, Tumkur, Tumkur, Tumkur, Chennanadinne, Tumkur
Auction Description
PNB Housing Finance Limited is conducting an online SARFAESI auction for a residential land parcel in Chennanadinne, Tumkur, Karnataka. The auction will take place on November 26, 2025, between 2:00 PM and 3:00 PM. The reserve price is INR 75,92,000, with an Earnest Money Deposit (EMD) of INR 7,59,200 required to participate.
Borrower Name:Ananda Murthy
Auction Type:SARFAESI Auction
Guarantor Names:Bhagyalakshmi, Bhagyalakshmi Shree Ganesh Industries
Legal Details
Possession Status:Physical
Encumbrance Details:Un-known
Why This Property
The property is a land in Chennanadinne, Tumkur, presenting a potential investment. The reserve price is moderate, and the auction terms are standard. This opportunity requires careful consideration of the local market and potential for future development.
Contact Details
Branch:Branch Office : Registered Office : New Delhi
Service Provider:Public Auction
Contact Details:
Contact no: —
