Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614230
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹1,28,00,000
EMD:₹12,80,000
Bid Increment:₹1,00,000
Auction Time:10:30 AM to 11:00 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
A residential flat located in the prime area of H Siddaiah Road, Bengaluru, Karnataka. This property offers a comfortable living space in a well-connected locality. Ideal for families seeking a home in a sought-after neighborhood. The flat is part of a SARFAESI auction conducted by Canara Bank.
State:Karnataka
City:Bengaluru
Area:H Siddaiah Road
Asset Category:Residential
Full Address:203, GARDENIA RESIDENCY, GARDENIA RESIDENCY, 36 PID No.48-1-36, H Siddalah Road, Next to Urvashi Theatre, H Siddaiah Road, Bengaluru
Building/Society:GARDENIA RESIDENCY
Size:337.50 sq.ft
Auction Description
Canara Bank presents a SARFAESI auction for a residential flat in H Siddaiah Road, Bengaluru. The auction will take place on November 25, 2025, from 10:30 AM to 11:00 AM. The reserve price is ₹1,28,00,000, with an Earnest Money Deposit (EMD) of ₹12,80,000. This is a unique opportunity to acquire a property in a desirable location through a transparent bank auction process.
Borrower Name:Sri K Lokanath Naidu
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to the Bank
Why This Property
The property's location in Bengaluru and residential type make it a reasonable investment. However, the price is a bit high, requiring careful evaluation. The auction terms are standard, suggesting a calculated approach is necessary.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:080-25310066
