Plot for auction Nachanahalli Mysuru 60 lakh Bank of Baroda

This offering presents a prime residential plot located in the developed area of Nachanahalli 2nd Stage, Mysuru, Karnataka. The plot is part of a SARFAESI auction conducted by Bank of Baroda. Situated in a well-established locality, this property offers an excellent opportunity for residential development or investment. Its location in Mysuru, a city known for its heritage and growing infrastructure, adds to its appeal. The property is being auctioned due to loan default by the borrower, Mr. Abdul Majeed. This is a direct opportunity to acquire a plot in a sought-after region of Karnataka.

Bank of Baroda is conducting a SARFAESI auction for a valuable residential plot in Nachanahalli 2nd Stage, Mysuru, Karnataka. The auction will take place on December 5, 2025, with bidding open from 02:00 PM to 06:00 PM. The reserve price for this plot is set at ₹60,12,000, with an Earnest Money Deposit (EMD) of ₹6,01,200 required to participate. This is a unique chance to acquire a property through a transparent auction process. Interested bidders are advised to review all auction terms and conditions provided by Bank of Baroda prior to the bidding.

The property, a plot in Nachanahalli, Mysuru, presents a calculated opportunity given its location. The reserve price seems reasonable, although a more detailed size would improve assessment. The auction terms appear standard, warranting further investigation into local market demand.