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Commercial in Bhimarayanagudi

Bhimarayanagudi

Reserve price
₹1.15 Cr
Auction date
27 Jan 2026
1:00 PM
EMD deadline
26 Jan 2026
5:00 PM

Auction timeline

Auction starts
27 Jan 2026 at 1:00 PM
Auction ends
27 Jan 2026 at 5:00 PM
EMD submission deadline
26 Jan 2026 at 5:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Restaurant
Possession Status
Symbolic
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property ID
MAHBGULBURGA2
Auction ID
225559

Location details

Property Address
All the piece and parcel of land situate at ward no 2 in the shahapur village ,padashetti layout ,yadgir district admeasuring an area of 155.7SqMtr bearing property No 1-24/10 (Old )1-508-24(new) together with buildings and structures constructed thereto
City: Bhimarayanagudi
District: Yadgiri
State: Karnataka
Pin Code: 585223
Country: India

Borrower & Loan details

Borrower Name
M/s Hotel Shruti Bar and restuarant and Boarding , proprietor Sachin Basutkar
Registered Address of Borrower
Shruti tower Basaveshwar Chowk, Near Hiremath Petrol Pump , Shahapur , Yadgir District 585223
Owner
Sachin Balkrishnan Basutkar
Guarantor
Ashok Basutkar
NPA Amount
₹1.06 Cr
NPA Date
30 Jul 2025
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Possession Dates
Symbolic
17 Oct 2025

Additional details

Description
All the piece and parcel of land situate at ward no 2 in the shahapur village ,padashetti layout ,yadgir district admeasuring an area of 155.7SqMtr bearing property No 1-24/10 (Old )1-508-24(new) together with buildings and structures constructed thereto

EMD Schedule

EMD Start
23 Dec 2025
1:31 PM
EMD Deadline
26 Jan 2026
5:00 PM
Payment Deadline
26 Jan 2026

Inspection Schedule

Inspection Start
24 Dec 2025
11:00 AM
Inspection End
26 Jan 2026
5:00 PM

Officer Details

Authorized Officer
Shrinivas Sajjan
Chief Manager
Dealing Officer
M Deenadhayalan
Contact Number
8050659037

Auction Rules

Bid Increment
₹50,000
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
10 minutes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Property ID
MAHBGULBURGA2

Inspection schedule

24 Dec 2025
Bank of Maharashtra
Verified seller
Branch: GULBARGA

Bank contact

+91 99525 15305
Address
ARUN PATIL'S COMPLEXOPP. CITY CENTER GAZIPUR,GULBARGA
Branch IFSC
MAHB0000425