Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609292
Bank Name:Canara Bank
Branch Name:ARM Branch
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
A residential flat located in Anekal, Bengaluru, Karnataka. This property is being auctioned by Canara Bank under SARFAESI Act. It presents an opportunity for ownership in a developing area of Bengaluru.
State:Karnataka
City:Bengaluru
Area:Anekal
Asset Category:Residential
Full Address:FF7, S2-HOMES-THE WATER GROVE, Flat bearing No. FF7, Fourth Floor "C" Block, S2-HOMES-THE WATER GROVE apartment, Kammasandra Village, Attebele Hobli, Anekal Taluk, Anekal, Bengaluru
Building/Society:S2-HOMES-THE WATER GROVE
Size:2106 Sq ft
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Anekal, Bengaluru. The auction has a reserve price of ₹83,80,000 and an Earnest Money Deposit (EMD) of ₹8,38,000. Bidding will take place on December 5, 2025, from 1:00 PM to 3:00 PM. This is a secured asset auction to recover dues from the borrower, Mr. Inayatullah Abdurahman ASKARI.
Borrower Name:Mr. Inayatullah Abdurahman ASKARI
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a flat in Anekal, Bengaluru, is offered at a reasonable reserve price. However, the location is somewhat distant from the city center, justifying a 'Calculated Opportunity' rating. Further due diligence is advised regarding the property's specifics and local market trends before investing.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:9113092975
