Property for Auction in Arasikere, Hassan, Karnataka
Auction ID:459490
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹3,96,00,000
EMD:₹39,60,000
Service Provider:Public Auction
Submission Date:28-03-2025 05:00 PM
Bid Start Date:29-03-2025 11:00 AM
The property is a commercial land and building located in Arasikere, Hassan District, Karnataka. It is situated on Rice Mill Road, Santhepet. The property is divided into two schedules: Schedule C and Schedule D. Schedule C measures 148.6448 Sq.mt. (1,480 Sq.ft.) and is described as commercial land and building with first and second floors. Its boundaries are East-Road, West-Galli, North-Harun Dada, South-Own. Schedule D measures 126.34808 Sq.mt. (1,360 Sq.ft.) and is also described as commercial land and building with first and second floors. Its boundaries are East-Road, West-Kendada Gundi Road, North-Saroja Site, South-Own. Both properties are owned by Mrs. Hanifa Bal.
State:Karnataka
City:Hassan
Area:Arasikere
Asset Category:Commercial
This is a SARFAESI auction for a commercial property in Arasikere, Hassan, Karnataka, owned by Mrs. Hanifa Bal. The property consists of two adjacent sites with buildings, located on Rice Mill Road, Santhepet. Schedule C spans 148.6448 Sq.mt. (1,480 Sq.ft.) and includes commercial land and a building with first and second floors. Schedule D spans 126.34808 Sq.mt. (1,360 Sq.ft.) and also includes commercial land and a building with first and second floors. The auction is conducted by City Union Bank, with a reserve price of 39,600,000.00 and EMD of 396,000.00. The auction starts on March 29, 2025, at 11:00 AM and ends at 01:00 PM.
Borrower Name:Mr. Haji Sulaiman
Auction Type:SARFAESI Auction
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