Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614190
Bank Name:PIRAMAL FINANCE LTD
Branch Name:Kurla (West) Mumbai
Reserve Price:₹15,30,000
EMD:₹1,53,000
Auction Time:11:00 AM to 1:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a residential plot located in Mysore, Mysuru, Karnataka. The property is being auctioned by PIRAMAL FINANCE LTD under SARFAESI Act. It offers a prime opportunity to acquire land in a sought-after area. Ideal for investment or future development, this plot presents a compelling option for discerning buyers.
State:Karnataka
City:Mysuru
Area:Mysore
Asset Category:Residential
Full Address:27, Site No.27, Property No.545/27, Varakodu Village & Grampanchayath, Mysore Taluk & District-570028, Varakodu Village, Mysore
Auction Description
PIRAMAL FINANCE LTD is conducting a SARFAESI auction for a residential plot in Mysore, Mysuru, Karnataka. The auction will take place on 25-11-2025, with bidding open from 11:00 AM to 01:00 PM. The reserve price is ₹15,30,000 and the EMD is ₹1,53,000. This is a significant opportunity for potential buyers to acquire a valuable asset directly from the financial institution.
Borrower Name:Mr Shivaswamy S
Auction Type:SARFAESI Auction
Guarantor Names:Premamma Premamma
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in Varakodu Village, Mysore, offered at a relatively accessible reserve price. While the location may not be prime, the potential for future development and the attractive auction terms make it a calculated investment opportunity. Further due diligence is recommended to assess local market dynamics and future growth prospects.
Contact Details
Branch:Branch Office : Kurla (West) Mumbai
Service Provider:Public Auction
Contact Details:
Contact no: —
