Property for Auction in Udayavara, Udupi, Karnataka
Auction ID:523108
Bank Name:Canara Bank
Branch Name:ARM Branch Manipal
Reserve Price:₹2,79,00,000
EMD:₹27,90,000
Service Provider:BAANKNET
Submission Date:26-06-2025 05:00 PM
Bid Start Date:27-06-2025 11:00 AM
The property is a semi-finished Office cum Residential Complex named 'Green Acres'-B Wing, situated in Udayavara Village, Udayavara Gram Panchayath limits, Udupi, Karnataka. It boasts a super built-up area of 293838 sqft (as per approved plan) and includes a 34.24% undivided right over a land parcel measuring 72 Cents (4 Cents in Sy No 56-36 and 68 Cents in Sy No 56-8). The property is registered in the name of M/s Dreamland Promoters & Developers, with partners Mr Mohammed Althaf & Mrs. Asifa Althaf. The boundaries are described as: North: Sy.No. 56-6, 56-7, South: Sy.No.56-11, 56-9, 56-10, East: Road, West: Sy.no.56-16.
State:Karnataka
City:Udupi
Area:Udayavara
Asset Category:Commercial
This is a SARFAESI Auction conducted by Canara Bank for a Commercial Office property located in Udayavara, Udupi, Karnataka. The property is part of a semi-finished Office cum Residential Complex named 'Green Acres'-B Wing, with a super built-up area of 293838 sqft. It includes a 34.24% undivided right over land measuring 72 Cents. The auction is scheduled to take place on 27-06-2025 from 11:00 AM to 12:00 PM. The reserve price is ₹2,79,00,000 and the Earnest Money Deposit (EMD) is ₹27,90,000. The property is associated with M/s Dreamland Promoters & Developers.
Borrower Name:M/s Dreamland Promoters & Developers
Auction Type:SARFAESI Auction
Contact No.0820-2575412, 9449862135,8884738975