Property for Auction in Lingapura, Tumkur, Karnataka
Auction ID:527332
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹12,69,00,000
EMD:₹1,26,90,000
Service Provider:Auctionbazaar
Submission Date:29-07-2025 05:00 PM
Bid Start Date:30-07-2025 12:20 PM
Commercial Property bearing Tumakuru City Corporation Khata No 5/5/2967, PID No 79134 (formed in Sy. No. 26/6, Lingapura Village), land measuring 52813.75 Sq.ft (As per Gift Deed)/51876 Sq Ft (Actual) together with commercial hotel building constructed thereon situated at MNP Ward No 1, adjacent to Sri Devi Medical College, Lingapura Extension, Tumakuru.
State:Karnataka
City:Tumkur
Area:Lingapura
Asset Category:Commercial
This is a SARFAESI Auction for a Commercial Property located in Lingapura, Tumkur, Karnataka. The property is identified by Tumakuru City Corporation Khata No 5/5/2967, PID No 79134, situated in Sy. No. 26/6 of Lingapura Village. The land measures 52813.75 Sq.ft (as per Gift Deed) or 51876 Sq Ft (actual) and includes a commercial hotel building. It is adjacent to Sri Devi Medical College. The property belongs to Mr. T.C. Basavaraju. Boundaries are: East: Sira Road, West: Land of Chikkaveerappa and Kodappa, North: Nail Factory and Grape Garden, South: Remaining portion of land in Sy No. 26/6 belonging to Mr. Aravinda and M. Ashoka. The auction is being conducted by Karnataka Bank through Auctionbazaar. The Reserve Price is 126900000.00 and the EMD is 12690000.00. The auction starts on 30-07-2025 at 12:20 PM and ends on 30-07-2025 at 12:35 PM. Application submission deadline is 29-07-2025 at 05:00 PM. For inquiries, contact 0816-2294905/2294906.
Borrower Name:Mr. T.C. Basavaraju
Auction Type:SARFAESI Auction
Contact Phone: 0816-2294905/2294906