Shop for auction 160429 Bounded Ahmed Davanagere by City Union Bank

A commercial property located in the Ahmed Nagar area of Davanagere, Karnataka. This asset is being auctioned by City Union Bank under the SARFAESI Act. The property is suitable for various business ventures and offers a strategic location within the city. Previously operated by M/s Masha Allah General Stores, this commercial space presents a compelling investment opportunity in Davanagere's real estate market. The property is to be sold on an 'as is, where is, whatever there is' basis.

City Union Bank presents a SARFAESI auction for a commercial property in Ahmed Nagar, Davanagere, Karnataka. This auction features a valuable commercial asset formerly belonging to M/s Masha Allah General Stores. The bidding starts on August 12, 2025, at 11:00 AM and concludes the same day at 5:00 PM. The reserve price is set at ₹44,00,000, with an Earnest Money Deposit (EMD) of ₹4,40,000 required to participate. This is a prime opportunity to acquire commercial real estate in a developing area.