Property for Auction in Molakalmuru, Chitradurga, Karnataka
Auction ID:543607
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹2,25,00,000
EMD:₹22,50,000
Service Provider:Auctionbazaar
Submission Date:05-08-2025 04:00 PM
Bid Start Date:06-08-2025 11:00 AM
This is a commercial property situated in Molakalmuru, within the district of Chitradurga, state of Karnataka. The property is being auctioned by Karnataka Bank as part of a SARFAESI action against the borrower, M/s Varsha Agri Business Center for Development Ltd. The asset is classified as commercial property, suitable for various business ventures. Its location in Molakalmuru, Chitradurga, offers potential for growth and accessibility within the region. Further specific details regarding the property's size, boundaries, and any existing structures should be verified through the bank's official auction documents.
State:Karnataka
City:Chitradurga
Area:Molakalmuru
Asset Category:Commercial
Karnataka Bank is conducting a SARFAESI auction for a commercial property located in Molakalmuru, Chitradurga, Karnataka. The auction is scheduled for August 6, 2025, with bidding open from 11:00 AM to 11:15 AM. The reserve price for this prime commercial asset is ₹2,25,00,000, with an Earnest Money Deposit (EMD) of ₹22,50,000 required to participate. This is a unique opportunity to acquire a commercial property in a developing area. Prospective bidders are advised to conduct their own due diligence. For further details, please refer to the official bank notification.
Borrower Name:M/s Varsha Agri Business Center for Development Ltd
Auction Type:SARFAESI Auction
Phone No : 08162294905 / 2294906