Property for Auction in Khille Mohalla, Mysuru, Karnataka
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610486
Bank Name:Axis Bank
Branch Name:Retail Lending and Payment Group
Reserve Price:₹1,13,00,000
EMD:₹11,30,000
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 12:00 Noon
Service Provider:bankeauctions.com / C1 India
Submission Date:2025-11-17
Bid Start Date:2025-11-18
This is a residential plot located in the well-established Khille Mohalla area of Mysuru, Karnataka. The property is part of a SARFAESI auction initiated by Axis Bank. This is a prime opportunity to acquire land in a desirable location within Mysuru. The plot offers potential for residential development, making it an attractive investment for builders and individual buyers alike. Its location in Khille Mohalla ensures proximity to essential amenities and infrastructure.
State:Karnataka
City:Mysuru
Area:Khille Mohalla
Asset Category:Residential
Full Address:234/3A, F-1/A And 234/4 F-37, No.234/3A, (New No.F-1/A) and 234/4 F-37, Situated at Uttaradhi Mata Road, Khille Mohalla Mysore, Khille Mohalla, Mysuru
Size:155.13 square meter
Axis Bank is conducting a SARFAESI auction for a residential plot in Khille Mohalla, Mysuru, Karnataka. The auction will commence on November 18, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price for this property is ₹1,13,00,000, with an Earnest Money Deposit (EMD) of ₹11,30,000 required to participate. This auction presents a unique chance to own a plot in a sought-after Mysuru locality. Interested bidders are advised to review all auction terms and conditions prior to the sale.
Borrower Name:Mrs Pushpa
Auction Type:SARFAESI Auction
Guarantor Names:Shiva Kumar L
Possession Status:Physical
Encumbrance Details:NIL
The property is a plot in Mysuru with a decent location, presenting a calculated opportunity for investment. The reserve price seems reasonable, but a careful assessment of the market value and legal aspects is recommended before bidding. The auction terms are standard.
Branch:Branch Office : Retail Lending and Payment Group
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. Raghunath & Mr.Karthick.R
Contact no:9886960484