Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614241
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
This is a residential flat located on H Siddaiah Road in Bengaluru, Karnataka. It is being auctioned by Canara Bank under the SARFAESI Act. The property offers a great opportunity for homeownership or investment in a prime Bengaluru location.
State:Karnataka
City:Bengaluru
Area:H Siddaiah Road
Asset Category:Residential
Full Address:402, 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
Auction Description
Canara Bank is holding a SARFAESI auction for a residential flat in H Siddaiah Road, Bengaluru. The auction will commence on November 25, 2025, at 10:30 AM and conclude at 11:00 AM. The reserve price is ₹11,200,000, with an Earnest Money Deposit (EMD) of ₹1,120,000. Don't miss this chance to acquire a property in a desirable area.
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 the relatively high reserve price suggest a calculated opportunity. While the area is desirable, potential buyers should conduct thorough due diligence and market analysis to ensure the investment aligns with their financial goals.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:080-25310066
