Shop for auction 40 Mohalla Shivpuri, Mangalore by PNB

Property for Auction in Mohalla Shivpuri Colony, Mangalore, Karnataka

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Mohalla Shivpuri Colony, Mangalore
Auction Date IconAuction Date:
05-08-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:04-08-2025 05:00 PM

Bid Start Date:05-08-2025 11:00 AM

Property Description

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

Auction Description

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

Contact Details

Nodal Officer Mr. O. P. Bhalotia Authorised Officer of CO SAM, Raj Towers, Shivaji Nagar Saharanpur Mobile No : 9453035426

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