Shop for auction 40 Bounded Maganahalli Davanagere by City Union Bank

Property for Auction in Maganahalli Road., Davanagere, Karnataka

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Maganahalli Road., Davanagere
Auction Date IconAuction Date:
06-08-2025 11:00 AM

Auction Details

Auction ID:545433

Bank Name:City Union Bank

Branch Name:kumbakonam

Reserve Price:22,00,000

EMD:2,20,000

Service Provider:Public Auction

Important Dates

Submission Date:05-08-2025 05:00 PM

Bid Start Date:06-08-2025 11:00 AM

Property Description

This offering is a commercial property situated on Maganahalli Road in Davanagere, Karnataka. As a commercial asset, it is suitable for a range of business ventures and investments. The property is being auctioned by City Union Bank under SARFAESI proceedings. Located in a developing area, it presents a solid opportunity for entrepreneurs and investors looking to establish or expand their presence in Davanagere. Further details regarding the specific nature and size of the commercial property will be available to interested bidders.

State:Karnataka

City:Davanagere

Area:Maganahalli Road.

Asset Category:Commercial

Auction Description

City Union Bank presents a SARFAESI auction for a commercial property located on Maganahalli Road, Davanagere, Karnataka. This is a prime opportunity to acquire a commercial asset formerly belonging to M/s Limra Traders. The auction will be held on August 6, 2025, commencing at 11:00 AM and concluding at 5:00 PM. The reserve price for this property is ₹22,00,000, with an Earnest Money Deposit (EMD) of ₹2,20,000 required to participate. Don't miss this chance to invest in a commercial space in Davanagere.

Borrower Name:M/s Limra Traders

Auction Type:SARFAESI Auction

Contact Details

Contact : - 08192-275290 Cell No. 9341443211

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