Property for Auction in Kunigal, Tumkur, Karnataka
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610239
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹9,72,000
EMD:₹97,200
Auction Time:12.25 PM to 12.40 PM
Service Provider:Auctionbazaar
Submission Date:2025-12-09
Bid Start Date:2025-12-10
This auction features a parcel of land located in Kunigal, Tumkur, Karnataka. The property is offered by Karnataka Bank as part of a SARFAESI auction. This is a prime opportunity to acquire land in a developing area. The land is categorized as residential, presenting potential for future development or investment. The reserve price is set at 9,72,000.0, with an Earnest Money Deposit (EMD) of 97,200.0 required to participate. Ideal for investors or individuals looking to purchase land for residential purposes.
State:Karnataka
City:Tumkur
Area:Kunigal
Asset Category:Residential
Full Address:4, Thaggikuppe Village, Markonahalli (G. P), Amruthur Hobli, Kunigal Taluk, Tumakur District, Thaggikuppe Village, Kunigal
Size:1200 Sq.ft
Karnataka Bank is conducting an online SARFAESI auction for a residential land parcel in Kunigal, Tumkur, Karnataka. The auction will take place on 10-12-2025, with bidding open from 12:25 PM to 12:40 PM. The reserve price for this valuable land is 9,72,000.0, and a bid security deposit (EMD) of 97,200.0 is mandatory. This short, 15-minute auction window is for the property associated with borrower Mr. Mahesh G. Don't miss this chance to secure a plot in a growing region.
Borrower Name:Mr.Mahesh G
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.Padma Mahesh
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
The property is a land parcel in a developing area. The reserve price seems reasonable. It's a calculated opportunity for those looking for affordable land options.
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:Auctionbazaar
Contact Details:
Chief Manager & Authorised Officer
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