Land to an extent of 3947 sq.ft. in S.No.41, Plot No.34 and the Hospital and Residential building constructed thereat to the extent of 9557 sq. ft (CF- 2520 sq.ft, GF- 2520 sq.ft, FF- 2345 sq.ft , SF- 2172 sq.ft) bearing H.No.10-2/41/34 at S.B.College Road, Sangameshwar Colony, Brahampur Village, Gulbarga including all amenities and services standing in the name of Mr.Basavaraj.S.Patil. Boundaries: North : House No.10-2/34 of Mrs.Tarabai South : 30 feet wide Road East : 25 feet wide Road West : Open plot and house of Mr.S.S.Patil [Note: The above said immovable property is also offered as security for the Term Loan (Home) of Rs.14,20,000/- (Balance outstanding is Rs.48,26,533.35 up to 31.07.2026) availed jointly by Mr.Basavaraj.S.Patil & Dr.Shanta.B.Patil, Term Loan (Genset) of Rs.4,25,000/- (Balance outstanding is Rs.19,45,692.58 up to 31.07.2026) availed by Dr.Shanta.B.Patil and the Term Loan (Education Loan) of Rs.10,00,000/- (Balance outstanding is Rs.45,70,894.86 up to 31.07.2026) availed by Mr.Akshay Raj.B.Patil.

Gulbarga, Karnataka

Reserve price
₹3.32 Cr
Auction starts
3 Sep 2026, 07:30 AM

Open the full listingView on the official portal

Auction details

Reserve price₹3.32 Cr
EMD amount₹33.21 L
Auction starts3 Sep 2026, 07:30 AM
Auction ends3 Sep 2026, 08:30 AM
EMD deadline2 Sep 2026, 11:00 AM
BankTamilnad Mercantile Bank Ltd.
BranchBengaluru
Property typeCommercial
Extent9,557 sq ft (largest of 5)
StatusUpcoming
Type of auctionEnglish Auction
Sale underSarfaesi
DepartmentTamilnad Mercantile Bank Ltd.-Bengaluru
OfficerAuthorized Officer
Auto extensionUnlimited extension
Parcels in this lot5
Extent (sale notice)3,947 sq ft + 9,557 sq ft + 2,520 sq ft + 2,345 sq ft + 2,172 sq ft
VillageBrahampur
Door no.10-2/34
Plot no.34

Legal description

Sale of Property by Tamilnad Mercantile Bank Ltd., Bengaluru V/s. Dr.Shanta.B.Patil, Mr.Basavaraj.S.Patil

This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.