Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613941
Bank Name:Bank of Maharashtra
Branch Name:Hubballi
Reserve Price:₹8,99,000
EMD:₹89,900
Bid Increment:₹25,000
Auction Time:1:00 PM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a bank auction for a plot of land located in Kambadakone, Udupi, Karnataka. The property is being auctioned by the Bank of Maharashtra under the SARFAESI Act. It is a residential asset category and is categorized as land. This presents an opportunity to acquire a plot in the Udupi region.
State:Karnataka
City:Udupi
Area:Kambadakone
Asset Category:Residential
Full Address:B17, Site No B17, Kambadakone Village, Baindur TalukUdupi District Biandur S.D 576219, Kambadakone, Udupi
Size:283.28 sq. Meter
Auction Description
The Bank of Maharashtra is conducting a SARFAESI auction for land in Kambadakone, Udupi. The auction has a reserve price of ₹8,99,000 and requires an EMD of ₹89,900. The auction will take place on November 25, 2025, from 1:00 PM to 5:00 PM. This is a significant opportunity for interested buyers to participate in the bidding process.
Borrower Name:Mr. Sanketh
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Janardhan Kharvi
Legal Details
Possession Status:Physical
Encumbrance Details:NIL
Why This Property
The land in Kambadakone, Udupi, presents a reasonable opportunity given its physical possession status and clear encumbrances. While not a prime investment due to its location specifics, the moderate reserve price and clear auction terms make it a calculated risk for interested buyers in the region.
Contact Details
Branch:Branch Office : Hubballi
Service Provider:BAANKNET
Contact Details:
Contact no: —
