Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609635
Bank Name:SBFC Finance Ltd
Branch Name:Registered Office : Mumbai
Reserve Price:₹20,94,660
EMD:₹2,09,466
Auction Time:12:30 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-07
Bid Start Date:2025-12-07
Property Description
SBFC Finance Ltd is conducting a SARFAESI auction for a valuable parcel of land in Koratagere, Tumkur, Karnataka. This residential asset, belonging to borrower KAVITHA S, offers a prime opportunity for investors and developers. Located in the growing city of Tumkur, the land is situated in the Koratagere area, known for its potential. This is a direct auction of the land itself, providing a clear and straightforward acquisition process.
State:Karnataka
City:Tumkur
Area:Koratagere
Asset Category:Residential
Full Address:152500301800100235/172/81, Property No 152500301800100235/172/81, Measuring East to West 12.192 9.144 meters, Situated at meters and North to South Maavathuru Village, Maavathuru Gram Panchayat, Koratagere Block, Tumkuru District and bounded on the East Road, West- Survey Land, North Site belongs to Chandrappa, South House belongs to Alumelamma., Maavathuru Village, Tumkur
Size:12.192 meters
Auction Description
This is a SARFAESI auction event hosted by SBFC Finance Ltd. The auction features a plot of land in Koratagere, Tumkur, Karnataka, with a reserve price of INR 2,094,660.00. A refundable Earnest Money Deposit (EMD) of INR 209,466.00 is required to participate. The auction will take place on December 8, 2025, commencing at 11:00 AM and concluding at 01:00 PM. Don't miss this chance to acquire a property in a developing region of Karnataka.
Borrower Name:KAVITHA S
Auction Type:SARFAESI Auction
Guarantor Names:BASAVARAJU MC
Legal Details
Possession Status:AS IS WHERE IS BASIS
Encumbrance Details:NIL
Why This Property
The land in Koratagere offers a calculated opportunity given its location and reserve price. While not a prime investment, the location in Tumkur and the terms of the auction make it worth considering. Careful evaluation is advised before bidding.
Contact Details
Branch:Branch Office : Registered Office : Mumbai
Service Provider:Public Auction
Contact Details:
Karthik
Contact no:+919611260298
