Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610042
Bank Name:IFL Housing Finance Ltd
Branch Name:Regd Office
Reserve Price:₹6,48,000
EMD:₹64,800
Bid Increment:₹20,000
Auction Time:1100 hrs.-1300 hrs.
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-03
Bid Start Date:2025-12-05
Property Description
A residential plot located in Jagalur, Davanagere, Karnataka. This property is being auctioned by IFL Housing Finance Ltd under the SARFAESI Act. Ideal for individuals looking to invest in land in a developing area. The plot offers potential for residential development. Don't miss this opportunity to acquire a plot in Davanagere.
State:Karnataka
City:Davanagere
Area:Jagalur
Asset Category:Residential
Full Address:02-505-83A, 976/715, Property no. 02-505-83A Of Property no 976/715, Assessment no.976/715 Jagaluru town, Jagalur, Davanagere
Size:600.00 sq. ft.
Auction Description
IFL Housing Finance Ltd presents a SARFAESI auction for a residential plot in Jagalur, Davanagere, Karnataka. The auction will be held on December 5, 2025, from 11:00 AM to 01:00 PM. The reserve price is INR 6,48,000, with an Earnest Money Deposit (EMD) of INR 64,800. This is a prime opportunity for buyers to acquire a plot through a bank auction process. Ensure you are prepared to participate in this timed online auction event.
Borrower Name:Miss. Manjula Shivanna
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Mailari Steel Merchant Business
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Jagalur offers a reasonable investment opportunity due to its manageable size and reserve price. While not a prime location, the area shows potential for future development. The auction terms are standard, presenting a calculated risk for interested buyers.
Contact Details
Branch:Branch Office : Regd Office
Service Provider:Public Auction
Contact Details:
Contact no:18002672499
