Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613322
Bank Name:THE KANAKAMAHALAKSHMI CO-OPERATIVE BANK LTD
Branch Name:Udupi
Reserve Price:₹19,00,000
EMD:₹1,90,000
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
A prime plot located in Udupi, Udupi, Karnataka, offered for sale by THE KANAKAMAHALAKSHMI CO-OPERATIVE BANK LTD. This residential plot presents an excellent opportunity for development or investment in a sought-after area. The property is part of a SARFAESI auction, ensuring a transparent and regulated sale process.
State:Karnataka
City:Udupi
Area:Udupi
Asset Category:Residential
Full Address:Sy No 101-37, [Formerly 101-5], (Converted) Thenkanidiyoor Village, Thenkanidiyoor, Udupi
Size:7.56 Cents
Auction Description
Don't miss this SARFAESI auction for a residential plot in Udupi, Karnataka, brought to you by THE KANAKAMAHALAKSHMI CO-OPERATIVE BANK LTD. The auction starts on December 12, 2025, at 11:30 AM and concludes at 12:30 PM on the same day. The reserve price is ₹19,00,000, with an Earnest Money Deposit (EMD) of ₹1,90,000 required to participate. This is a fantastic opportunity to acquire property in Udupi.
Borrower Name:Mr. Bhaskar Raju Kotian
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Purandar, Mr. Nithin
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land in Udupi, offered at a reasonable reserve price. While the location is not specified in detail, the price point and land type suggest potential for a good return on investment with careful planning and market assessment. Given the limited information and smaller land size, it's classified as a Calculated Opportunity.
Contact Details
Branch:Branch Office : Udupi
Service Provider:BAANKNET
Contact Details:
Contact no:7046612345
