Property for Auction in Mohalla Shivpuri Colony, Mangalore, Karnataka
Auction ID:544735
Bank Name:Punjab National Bank
Branch Name:Circle Office : Saharanpur
Reserve Price:₹16,70,000
EMD:₹1,70,000
Service Provider:BAANKNET
Submission Date:04-08-2025 05:00 PM
Bid Start Date:05-08-2025 11:00 AM
This commercial property is situated in the Mohalla Shivpuri Colony area of Mangalore, Karnataka. The property is being auctioned by Punjab National Bank as part of SARFAESI action against the borrower, M/s Shri Hit Sai Nirmal & Company. It is categorized as a commercial asset. The location offers potential for various business ventures, benefiting from the economic activity of Mangalore. Further details regarding the specific nature and dimensions of the commercial property can be obtained from the official auction notice.
State:Karnataka
City:Mangalore
Area:Mohalla Shivpuri Colony
Asset Category:Commercial
Punjab National Bank invites bids for a commercial property auction in Mangalore, Karnataka, under SARFAESI proceedings. This is a prime opportunity to acquire a commercial asset located in Mohalla Shivpuri Colony. The reserve price is set at ₹16,70,000, with an Earnest Money Deposit (EMD) of ₹1,70,000. The auction will be conducted on August 5, 2025, commencing at 11:00 AM and concluding at 4:00 PM. Don't miss this chance to invest in a strategically located commercial property.
Borrower Name:M/s Shri Hit Sai Nirmal & Company
Auction Type:SARFAESI Auction
Nodal Officer Mr. O. P. Bhalotia Authorised Officer of CO SAM, Raj Towers, Shivaji Nagar Saharanpur Mobile No : 9453035426