Property for Auction in Yelwala Hobli, Mysuru, Karnataka
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612370
Bank Name:Bank of Baroda
Branch Name:Regional Office : Mysore
Reserve Price:₹11,00,000
EMD:₹1,10,000
Bid Increment:₹10,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:Public Auction
Submission Date:04-12-2025 04:00 PM
Bid Start Date:2025-12-05
A prime residential plot located in the developing area of Yelwala Hobli, Mysuru, Karnataka. This property, owned by Mr. Nataraj T, is being auctioned by Bank of Baroda under SARFAESI norms. Ideal for residential development, this plot offers a great investment opportunity in a rapidly growing city. The surrounding area is known for its peaceful environment and good connectivity.
State:Karnataka
City:Mysuru
Area:Yelwala Hobli
Asset Category:Residential
Full Address:331/30, Sy no. 30/2 Gungral Chatra Village, yelawala Hobli, Mysuru Taluk, Yelwala Hobli, Mysuru
Size:108.00 Sq Meters
Bank of Baroda presents a SARFAESI auction for a residential plot in Yelwala Hobli, Mysuru. The auction will commence on December 5, 2025, at 02:00 PM and conclude at 06:00 PM on the same day. The reserve price is set at ₹11,00,000, with an Earnest Money Deposit (EMD) of ₹1,10,000 required to participate. This is a unique opportunity to acquire a valuable plot in Karnataka.
Borrower Name:Mr. Nataraj T
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The plot in Yelwala Hobli presents a reasonable investment opportunity given its location near Mysuru. The reserve price seems fair, but potential buyers should carefully assess the surrounding area and growth prospects. Auction terms are standard, making it a calculated risk for investors.
Branch:Branch Office : Regional Office : Mysore
Service Provider:Public Auction
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