Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614257
Bank Name:TRUHOME FINANCE LIMITED
Branch Name:Head Office : Mumbai
Reserve Price:₹22,71,000
EMD:₹2,27,100
Bid Increment:₹10,000
Auction Time:11:00 A.m. to 1.00 p.m.
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-12
Bid Start Date:2025-12-15
Property Description
This auction features a residential plot located in Nanjanagudu, Mysuru, Karnataka. The property is being auctioned by TRUHOME FINANCE LIMITED under the SARFAESI Act. Ideal for investment or development, this plot offers a great opportunity in a developing area.
State:Karnataka
City:Mysuru
Area:Nanjanagudu
Asset Category:Residential
Full Address:25, PROPERTY NO.25, HURA VILLAGE and GP, NEAR CESC ELECTRICITY BOARD, H D KOTE ROAD, HURA VILLAGE, Mysuru
Size:201.59 sq mtr
Auction Description
TRUHOME FINANCE LIMITED presents a SARFAESI auction for a residential plot in Nanjanagudu, Mysuru, Karnataka. The auction will be held on December 15, 2025, starting at 11:00 AM and concluding at 01:00 PM. The reserve price for this asset is ₹22,71,000, with an Earnest Money Deposit (EMD) of ₹2,27,100 required. This is a prime opportunity to acquire property in Mysuru.
Borrower Name:MR. LOKESH BABU
Auction Type:SARFAESI Auction
Guarantor Names:ROOPA HR
Legal Details
Possession Status:Physical
Encumbrance Details:Not known
Why This Property
The property offers a good opportunity for investment due to its location in Nanjangudu, Mysuru and its size. However, the auction terms need careful evaluation, and the bid increment is relatively high. Overall, it represents a calculated opportunity for those familiar with the local market.
Contact Details
Branch:Branch Office : Head Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Ashfaq Patka
Contact no:+9819415477
