488 sq ft Residential Plot for Auction in Mysuru – Repco

Property Details

Property type

Residential Plot (Residential)

Possession

Not specified

Area

488 sq ft

Reserve price / sq ft

₹12,186

Locality

—

City

Mysuru

State

Karnataka

Address

All that piece and parcel of the Residential property situated at No. 1952/A New No.L 122/1A, L-122/A-1, Akbar Road Lashkar Moholla Mysore. Measuring E-W 13ft, N-S 37.60ft, totally 488.80 sq.ft, bounded by,Boundaries:East by 3 Conservancy,West by Property No.1952 L-122, L-122/A,North by No.1950/1, New No.L-10,South by Akbar Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Repco Home Finance

Branch

Mysore Branch

Auction type

SARFAESI Auction

Borrower

Mr S S*** A***

Auction start

29 Dec 2026, 11:00 AM

Auction end

29 Dec 2026, 12:00 PM

EMD submission deadline

28 Dec 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2468620

Price Check

This listing's reserve price works out to ₹12,186 per sq ft. The average across residential bank auctions in Mysuru on our site is ₹5,087 per sq ft, so this one is 140% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2468620), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹5,94,700 before 28 Dec 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 29 Dec 2026 starting above the reserve price, in multiples of ₹25,000.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.