Plot for auction Tayaluru Village Mulabagal, Kolar 2 Cr Edelweiss Asset Reconstruction Company Limited

Property for Auction in Mulabagal, Kolar, Karnataka

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
12430+174+3260 Sft
Reserve Price
1,79,00,000
Reserve Price
1,79,00,000
EMD Required
17,90,000
Property Specifications
Size12430+174+3260 Sft
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Mulabagal, Kolar
Auction Date IconAuction Date:
02-12-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609452

Bank Name:Edelweiss Asset Reconstruction Company Limited

Branch Name:Retail Central & Regd. Office: Mumbai

Reserve Price:1,79,00,000

EMD:17,90,000

Auction Time:11.00 AM

Service Provider:edelweiss arc

Important Dates

Submission Date:01-12-2025 05:00 PM

Bid Start Date:2025-12-02

Property Description

A prime plot located in Mulabagal, Kolar, Karnataka, measuring [Insert plot size if available]. This residential plot is offered by Edelweiss Asset Reconstruction Company Limited under the SARFAESI Act. It presents an excellent opportunity for development or investment in a rapidly growing area. The property is situated in a well-connected region of Kolar, offering convenience and accessibility. Ideal for individuals or developers seeking a valuable land asset.

State:Karnataka

City:Kolar

Area:Mulabagal

Asset Category:Residential

Full Address:Assessment No.442/240, Tayaluru Village And Hobli, Assessment No.443/241, Tayaluru Village And Hobli, Assessment No.445/242/2, Tayaluru Village And Hobli, Tayaluru Village, Mulabagal, Kolar

Size:12430+174+3260 Sft

Auction Description

Edelweiss Asset Reconstruction Company Limited is conducting a SARFAESI auction for a residential plot in Mulabagal, Kolar, Karnataka. The auction begins on December 2, 2025, at 11:00 AM and concludes at 01:00 PM on the same day. The reserve price for this valuable plot is INR 1,79,00,000, with an Earnest Money Deposit (EMD) of INR 17,90,000. This is a significant opportunity to acquire a property from the former borrower, M/s. Citizen School, through a transparent auction process.

Borrower Name:M/s. Citizen School

Auction Type:SARFAESI Auction

Guarantor Names:Mrs. Mehar Sultana, Mohammed Ziaulla, Mohammed Zafrulla

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property, a plot of land in Mulabagal, Kolar, presents a calculated opportunity. While the location might not be prime, the price relative to the size and the potential for development could yield returns. The auction terms are standard, requiring careful evaluation of local market conditions before bidding.

Contact Details

Branch:Branch Office : Retail Central & Regd. Office: Mumbai

Service Provider:edelweiss arc

Contact Details:

Contact no:18002666540

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