Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611198
Bank Name:ICICI Home Finance
Branch Name:Corporate Office : Mumbai
Reserve Price:₹1,16,36,784
EMD:₹11,63,678
Auction Time:02:00 PM to 03:00 PM
Service Provider:BidDeal.in
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
Prime residential plot located in Belgaum, Belagavi, Karnataka. This SARFAESI auction property offers a great opportunity for development or investment in a sought-after area. The property is designated for residential use and is brought to you by ICICI Home Finance.
State:Karnataka
City:Belagavi
Area:Belgaum
Asset Category:Residential
Full Address:24, Sy No 212/2 And 213 Plot No 24 Yellur Road, Vadagaon Dnyaneshwar Nagar, Ashtavinayak Nagar, Vadagaon Dnyaneshwar Nagar, Ashtavinayak Nagar, Belgaum
Auction Description
ICICI Home Finance presents a SARFAESI auction for a residential plot in Belgaum, Belagavi, Karnataka. The auction has a reserve price of INR 11,636,784.0 and an Earnest Money Deposit (EMD) of INR 1,163,678.0. Bidding will take place on November 21, 2025, between 02:00 PM and 03:00 PM.
Borrower Name:Vittal Nesarkar
Auction Type:SARFAESI Auction
Guarantor Names:Mahesh Nesarkar, Sunita Nesarkar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Belgaum presents a calculated opportunity given its location and the bank auction terms. The reserve price appears reasonable, but further due diligence is advisable to assess the local market and potential for appreciation. This is recommended for investors willing to take a calculated risk.
Contact Details
Branch:Branch Office : Corporate Office : Mumbai
Service Provider:BidDeal.in
Contact Details:
Contact no:9920807300
