Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612068
Bank Name:Canara Bank
Branch Name:SPECIALISED ASSET RECOVERY MANAGEMENT BRANCH,
Reserve Price:₹32,00,000
EMD:₹3,20,000
Auction Time:11.30 am to 12.30 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
This is a residential flat located on Bangalore Road, Ballari, Karnataka. The property is part of a SARFAESI auction initiated by Canara Bank due to the default by the borrower, M/s Pavan International. This is an excellent opportunity to acquire a flat in a key area of Ballari.
State:Karnataka
City:Ballari
Area:Bangalore Road
Asset Category:Residential
Full Address:5, Sai Residential Apartment, Office at No. 13, Ward No. 8, Vasudevanaidu Street, Bangalore Road, Ballari, Karnataka-583101, Bangalore Road, Ballari
Building/Society:Sai Residential Apartment
Size:990 sq ft
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Ballari, Karnataka. The auction will take place on November 20, 2025, between 11:30 AM and 12:30 PM. The reserve price for this property is ₹32,00,000, with an Earnest Money Deposit (EMD) of ₹3,20,000 required to participate. This auction presents a chance to purchase a property directly from the bank.
Borrower Name:M/s Pavan International
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
Located in Ballari, this 990 sq ft flat presents a reasonable opportunity given its reserve price of ₹3200000.0. The location is fairly accessible, and the property type is suitable for residential purposes. Potential investors should conduct due diligence to assess the overall market conditions before bidding.
Contact Details
Branch:Branch Office : SPECIALISED ASSET RECOVERY MANAGEMENT BRANCH,
Service Provider:BAANKNET
Contact Details:
Contact no:0836-2239457
