Shop for auction 6 Tumkur, Tumkur by Karnataka Bank

This offering is a significant commercial property located in the heart of Tumkur, Karnataka. Situated in a key area of Tumkur city, this asset is ideal for various business ventures and commercial activities. The property's strategic location offers excellent visibility and accessibility, making it a prime spot for investment. As a commercial property, it holds potential for development, rental income, or direct business operations. This is an excellent opportunity to own a substantial commercial asset in a developing region of Karnataka.

Karnataka Bank is pleased to announce a SARFAESI auction for a prime commercial property in Tumkur, Karnataka. This is a fantastic opportunity to acquire a valuable asset in a sought-after location. The auction will commence on August 29, 2025, at 12:20 PM and conclude at 12:35 PM on the same day. The reserve price for this property is ₹12,69,00,000, with an Earnest Money Deposit (EMD) of ₹1,26,90,000. This auction presents a direct opportunity to bid on a commercial property previously owned by Mr. T.C. Basavaraju. Don't miss this chance to invest in Tumkur's growing commercial landscape.