Plot for Auction Myakalurahally Village Bengaluru 25.5 Lakh by Karnataka Bank
Myakalurahally Village, Bengaluru
Area: 129.21 Sq.Mtr
Property No.151000300100300768, Panchayath Khata No.757, Myakalurahally Village, Hiriyur Taluk
Karnataka Bank · Head Office, Mangaluru
Reserve price
₹25,52,000
EMD ₹2,55,200
Auction date
14 Aug 2026, 11:00 AM
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Quick read
- ▸Possession: Constructive
- ▸Area: 129.21 Sq.Mtr
- ▸Locality: Myakalurahally Village
- ▸Reserve: ₹25,52,000
- ▸EMD: ₹2,55,200
Auction snapshot
| Possession | Constructive |
| Property type | Plot · Residential |
| Locality | Myakalurahally Village |
| Built-up / plot area | 129.21 Sq.Mtr |
| Lender | Karnataka Bank |
| Branch | Head Office, Mangaluru |
| Unit / flat no. | Property No.151000300100300768, Panchayath Khata No.757 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | Auctionbazaar |
About this property
Plot bank auction in Myakalurahally Village, Bengaluru by Karnataka Bank — reserve price ₹25,52,000, 129.21 Sq.Mtr, Constructive possession.
Discover a promising bank auction property: a residential plot with a building in Myakalurahally Village, Hiriyur Taluk, Chitradurga, Karnataka. This property, identified by Property No.151000300100300768 and Panchayath Khata No.757, measures 129.21 Sq.Mtr. Offered by Karnataka Bank, the e-auction is scheduled for August 14, 2026, from 11:00 AM to 11:30 AM. With a competitive reserve price of ₹2,552,000.0 and an EMD of ₹2,55,200.0, this bank auction property presents a notable investment opportunity for those seeking a residential plot with existing construction in the Hiriyur area. The property is under constructive possession and will be sold on an 'As is where is' basis.
GeoSquare note: This residential plot with a building in Myakalurahally Village, Hiriyur, offers a fair investment option. While it's located in a village setting within the Chitradurga district, the property type (plot with an existing building) provides immediate value and potential for residential use. The reserve price of ₹25,52,000.0 for 129.21 Sq.Mtr appears reasonable for the location. However, the 'Constructive' possession status implies some risk, warranting due diligence from potential buyers. Overall, it's a viable bank auction property for those seeking value outside major urban centers.
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