Property for Auction in thejur, Hassan, Karnataka
Recommendation:Strong BuyScore: 7.5
Auction ID:613268
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹6,28,16,000
EMD:₹62,81,600
Auction Time:10:30 AM to 11:30 AM
Service Provider:BAANKNET
Submission Date:2025-11-27
Bid Start Date:2025-11-28
A valuable commercial property located in Thejur, Hassan, Karnataka, offered by Canara Bank. This asset is categorized as Commercial Property and is part of a SARFAESI Auction. The property is associated with the borrower M/s GVK Residency. Situated in the well-connected city of Hassan, this is an excellent opportunity for investment in a thriving commercial area. Secure your bid on this prime real estate.
State:Karnataka
City:Hassan
Area:thejur
Asset Category:Commercial
Full Address:Site No.4, Ring Road, Hemavathi Nagar, Chickandagola Village, Thejur Panchayath, Hassan Block, Hemavathi Nagar, Hassan
Size:253.35 sq. mtrs
Canara Bank presents a SARFAESI auction for a commercial property in Thejur, Hassan, Karnataka. The auction has a reserve price of ₹6,28,16,000 and requires an EMD of ₹62,81,600. Bidding opens on November 28, 2025, at 10:30 AM and closes at 11:30 AM on the same day. This is a unique chance to acquire a significant commercial asset. Interested parties are advised to review all auction terms and conditions prior to bidding.
Borrower Name:M/s GVK Residency
Auction Type:SARFAESI Auction
Guarantor Names:Shri. Keshave Gowda
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The commercial property in Thejur, Hassan, offers a strong investment opportunity due to its size, location on Ring Road, and potential for rental income. With a competitive reserve price and clear auction terms, it's a favorable prospect for investors looking for commercial real estate in Karnataka. The physical possession further enhances the value.
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Gijesh Kumar
Contact no:7200793043