Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614189
Bank Name:PIRAMAL FINANCE LTD
Branch Name:Kurla (West) Mumbai
Reserve Price:₹35,80,000
EMD:₹3,58,000
Auction Time:11:00 AM to 1:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
A prime residential plot located in Mysore, Mysuru, Karnataka. This asset category property offers an excellent opportunity for development or investment in a sought-after area. Ideal for building your dream home or a potential rental property. Situated in a well-connected part of Mysore, this plot provides convenience and accessibility.
State:Karnataka
City:Mysuru
Area:Mysore
Asset Category:Residential
Full Address:Assessment No.7594/550/20, Piriyapattana Town, Abburu Village, Near SBI Bank, Mysore, Karnataka, Piriyapattana Town, Mysuru
Auction Description
Piramal Finance Ltd presents a SARFAESI auction for a residential plot in Mysore, Mysuru, Karnataka. The auction will be held on November 25, 2025, from 11:00 AM to 01:00 PM. The reserve price for this plot is ₹35,80,000, with an Earnest Money Deposit (EMD) of ₹3,58,000 required. This is a unique chance to acquire a valuable property through a transparent auction process.
Borrower Name:Mr Javaraiah Kumara
Auction Type:SARFAESI Auction
Guarantor Names:Rajeshwari
Legal Details
Possession Status:As Is Where Is Basis
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in Mysore, a developing area, offering potential for appreciation. The reserve price seems reasonable, but a thorough site inspection and local market analysis are crucial. The auction terms are standard, making it a calculated risk for interested buyers.
Contact Details
Branch:Branch Office : Kurla (West) Mumbai
Service Provider:Public Auction
Contact Details:
Contact no: —
