Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611306
Bank Name:Punjab National Bank
Branch Name:ARMB : Kolhapur
Reserve Price:₹19,00,000
EMD:₹1,90,000
Bid Increment:₹50,000
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a residential plot located in the Hanumanth Nagar area of Dharwad, Karnataka. The property is being auctioned by Punjab National Bank under the SARFAESI Act.
State:Karnataka
City:Dharwad
Area:Hanumanth Nagar
Asset Category:Residential
Full Address:3A+3B, Hanuman Nagar Colony, S. No. 436/2A/1 Plot No. 3A+3B, Hanuman Nagar Colony Area, Near Mallikarajun Temple, 500 M from 100 Ft Road, Sangli, Hanuman Nagar, Dharwad
Building/Society:Hanuman Nagar Colony
Size:125.64 Sq. Mtr
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Hanumanth Nagar, Dharwad. The auction will take place on November 26, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹19,00,000, with an Earnest Money Deposit (EMD) of ₹1,90,000.
Borrower Name:Sangapppa Shivappa
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This plot in Hanumanth Nagar presents a reasonable investment prospect, given its residential zoning and accessible location. The reserve price aligns with market trends, but due diligence is crucial to assess any potential development restrictions. A calculated approach is advised to maximize potential returns.
Contact Details
Branch:Branch Office : ARMB : Kolhapur
Service Provider:BAANKNET
Contact Details:
Abhijeet Katavare
Contact no: —
