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Industrial in Hebbal Industrial area, Mysore

Hebbal Industrial area, Mysore, Mysuru

Reserve price
₹1.69 Cr
Auction date
04 Mar 2026
11:00 AM
EMD deadline
16 Jan 2026
10:30 AM
Bid increment
₹2,00,000.00

Location details

Property Address
Plot No. Special-46, situated at Hebbal Industrial Estate, Hebbal, Mysore
Locality: Hebbal Industrial area, Mysore
City: Mysuru
District: Mysuru
State: Karnataka
Pin Code: 570016
Country: India
Nearest Airport / Railway Station / Bus Stand
Mysore

Auction timeline

Auction starts
04 Mar 2026 at 11:00 AM
Auction ends
04 Mar 2026 at 4:00 PM
EMD submission deadline
16 Jan 2026 at 10:30 AM

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

Property overview

Type
Industrial
Sub Type
Industrial Shed
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹2.57 Cr
Property Identifiers
Bank Property ID
SBIN400064522030
CERSAI ID
400064522030
Collateral ID
77035314201

Property Images

Price history

2 previous auctions
₹2.6Cr16 Jan₹1.7CrNow↓ 34.2% down
₹1,69,00,000.00
7 Feb 2026
Industrial
State Bank of India logoState Bank of IndiaPossession: Physical
₹2,57,00,000.00
16 Jan 2026
Industrial
State Bank of India logoState Bank of IndiaPossession: Physical

Borrower & Loan details

Borrower Name
DECO EQUIPMENTS PVT LTD
Registered Address of Borrower
No. C-38, Hebbal Industrial Area, Metagalli, Mysuru - 570016
Ownership of Property
Borrower
NPA Amount
₹14.68 Cr
NPA Date
28 Nov 2022
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
77035314201
Customer ID
SBIN400064522030
Demand Notice
Notice Date
22 Jul 2024
Notice Amount
₹15.25 Cr
Asset Classification
Classification Date
30 Sept 2025
Classification ID
3
Possession Dates
Physical
13 Nov 2025

Additional details

Property USP
https:baanknet.com
Description
All that piece & parcel of the Industrial Property bearing Plot No. Special-46, measuring: East to West- (23+24)/2meters and North to South-22 meters, totally measuring 517 sq. mtrs., situated at Hebbal Industrial Estate, Hebbal, Mysore with Plant and machineries

EMD Schedule

EMD Start
20 Feb 2026
3:58 PM
EMD Deadline
04 Mar 2026
10:30 AM
Payment Deadline
16 Jan 2026

Inspection Schedule

Inspection Start
21 Feb 2026
11:00 AM
Inspection End
03 Mar 2026
4:00 PM

Officer Details

Authorized Officer
RAGHUNANDAN K
AGM
Dealing Officer
Prashant Verma

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹2,00,000.00
Extension Increment
₹2,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
77035314201
CERSAI ID
400064522030
Property ID
SBIN400064522030

Nearby Amenities

Nearest Station
Mysore
State Bank of India logo
State Bank of India
Verified seller
Branch: SAMB BANGALORE-04209
IFSC: SBIN

Bank contact

+91 88000 57271+91 96204 32064
Branch Address
II ND FLOOR OFFICE COMPLEX LHO COMPD NO 65 ST MARKS RD BANGALORE
Branch IFSC
SBIN0004209
Department
SAMB BANGALORE-04209