Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614242
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 is being auctioned by Canara Bank under SARFAESI regulations. Ideal for individuals seeking a home in a well-established locality with convenient access to city amenities. The flat offers a comfortable living space in a desirable urban setting.
State:Karnataka
City:Bengaluru
Area:H Siddaiah Road
Asset Category:Residential
Full Address:403, 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 be held on November 25, 2025, from 10:30 AM to 11:00 AM. The reserve price is ₹1,28,00,000 and the EMD is ₹12,80,000. This is a significant opportunity to acquire a property in a sought-after location. Interested bidders should review all auction terms and conditions provided by Canara Bank.
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 Bengaluru and its residential type make it a potentially viable investment. However, the symbolic possession status and the need for further due diligence warrant a 'Calculated Opportunity' rating. The reserve price should be carefully assessed against comparable market values.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:080-25310066
