Mysuru: The Mysuru Taluk Tahsildar has passed an order for auctioning Chanakya Kalyana Mantap located in industrial suburb, Visveshwaranagar third phase and belonging to Chanakya Finance Corporation having office at No. 318, 1st floor, 2nd cross, Benki Nawab street in the city, as the finance company failed to return money to the depositors.
The auction will take place at 11am tomorrow (June 30). The first auction of the Kalyana Mantap had taken place on Aug. 13, 2015 in which the successful bidder was S.D. Nagaraje Urs. But as Nagaraje Urs failed to deposit 25 percent money of the bid amount, the Mantap was put up for auction once again on Sept.4, 2015. However, the second auction too failed as none of the bidders came forward to quote a price above the reserved value of the property. Now, the Kalyana Mantap is coming under the hammer for the third time tomorrow.
