Property for Auction in Mulabagal, Kolar, Karnataka
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
Submission Date:01-12-2025 05:00 PM
Bid Start Date:2025-12-02
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Retail Central & Regd. Office: Mumbai
Service Provider:edelweiss arc
Contact Details:
Contact no:18002666540