Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610248
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹14,58,000
EMD:₹1,45,800
Auction Time:01.05 PM to 01.25 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-09-12
Bid Start Date:2025-12-10
Property Description
This auction features a valuable plot of land located in Kunigal, Tumkur, Karnataka. The property is being auctioned by Karnataka Bank under the SARFAESI Act. It represents a significant opportunity for investors or individuals looking to acquire land in a developing area. The land is categorized as residential, offering potential for future development.
State:Karnataka
City:Tumkur
Area:Kunigal
Asset Category:Residential
Full Address:Site No.4, Thaggikuppe Village, Markonahalli (G.P), Thaggikuppe, Kunigal
Size:1800 Sq.ft
Auction Description
Karnataka Bank is conducting a SARFAESI auction for a residential land parcel in Kunigal, Tumkur, Karnataka. The auction has a reserve price of INR 14,58,000 and requires an Earnest Money Deposit (EMD) of INR 1,45,800. The auction will take place on December 10, 2025, with bidding open between 01:05 PM and 01:25 PM. This is a prime opportunity to acquire the property formerly belonging to Mr. Mahesh G.
Borrower Name:Mr.Mahesh G
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.Padma Mahesh
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential site in Kunigal, a developing area. The reserve price is moderate. It presents a calculated opportunity for investors seeking land in a growing location with clear auction terms.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:Auctionbazaar
Contact Details:
Chief Manager & Authorised Officer
Contact no: —
