Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:614232
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹1,12,00,000
EMD:₹11,20,000
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 is being auctioned by Canara Bank under SARFAESI rules. It offers a comfortable living space in a well-connected locality. Ideal for individuals or families seeking a home in a desirable urban setting. Proximity to essential amenities and transport links makes this a convenient choice.
State:Karnataka
City:Bengaluru
Area:H Siddaiah Road
Asset Category:Residential
Full Address:302, 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:281.84 Sq.ft
Auction Description
Canara Bank presents a SARFAESI auction for a residential flat situated on H Siddaiah Road, Bengaluru. The auction will take place on 25-11-2025, with bidding open from 10:30 AM to 11:00 AM. The reserve price for this property is ₹1,12,00,000, and the Earnest Money Deposit (EMD) required is ₹11,20,000. This is a unique opportunity to acquire a property in a sought-after location at a competitive price. Interested bidders are advised to review all auction terms and conditions prior to participating.
Borrower Name:Sri K Lokanath Naidu
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not to the knowledge of the Bank
Why This Property
The property's location in a well-known area of Bengaluru, combined with a reasonable reserve price, makes it a strong investment. The 'Strong Buy' recommendation is based on the potential for appreciation and rental income in this locality.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:080-25310066
