Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614240
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
This is a residential flat located on H Siddaiah Road in Bengaluru, Karnataka. The property is being auctioned by Canara Bank under the SARFAESI Act. It presents a great opportunity for homebuyers or investors looking for a property in a prime Bengaluru location. Further details regarding the specific amenities, size, and condition of the flat can be obtained from the auction notice.
State:Karnataka
City:Bengaluru
Area:H Siddaiah Road
Asset Category:Residential
Full Address:303, 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 conducting a SARFAESI auction for a residential flat situated in H Siddaiah Road, Bengaluru, Karnataka. The auction will commence on November 25, 2025, at 10:30 AM and conclude at 11:00 AM on the same day. The reserve price for this auction is INR 12,800,000, with an Earnest Money Deposit (EMD) of INR 1,280,000 required to participate. This is a time-sensitive opportunity to acquire a property through a secured 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 is located in a well-known area of Bengaluru. While the reserve price is substantial, the auction offers a chance to acquire a property potentially below market value. Further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:080-25310066
