Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609159
Bank Name:Canara Bank
Branch Name:ARM Branch II
Reserve Price:₹83,80,000
EMD:₹8,38,000
Bid Increment:₹1,00,000
Auction Time:01:00 PM to 03:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-04
Bid Start Date:2025-12-05
Property Description
Discover an excellent investment opportunity with this residential flat located in Anekal, Bengaluru. Situated in the state of Karnataka, this property offers a promising lifestyle in a developing area. Ideal for families or as a rental investment, it is being auctioned by Canara Bank under SARFAESI Act. The property is a flat, categorized under residential assets.
State:Karnataka
City:Bengaluru
Area:Anekal
Asset Category:Residential
Full Address:FF7, S2-HOMES-THE WATER GROVE, Kammasandra Village, Attebele Hobli, Anekal Taluk Bangalore Rural-560100, Anekal, Bengaluru
Building/Society:S2-HOMES-THE WATER GROVE
Size:2106 Sq.ft
Auction Description
This SARFAESI auction by Canara Bank presents a flat in Anekal, Bengaluru, Karnataka. The bidding starts with a reserve price of INR 83,80,000, with an Earnest Money Deposit (EMD) of INR 8,38,000 required to participate. The auction will be conducted online on December 5, 2025, commencing at 01:00 PM and concluding at 03:00 PM. This is a unique chance to acquire a property through a transparent banking auction process.
Borrower Name:Mr. Inayatullah Abdurahman ASKARI
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Inayatullah, M/s S2 Homes, Mr Vikas B Kukreja, Mr. Chethan Kumar, Mr. Syed Mohsin Bafaque, Mrs. Mahjabeen Sayed Mohsin
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a developing locality of Bengaluru. The reserve price seems reasonable for the area and size, but potential investors should thoroughly investigate the property's condition and legal standing. This is a 'Calculated Opportunity' requiring due diligence before bidding.
Contact Details
Branch:Branch Office : ARM Branch II
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:9113092975
