Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:614243
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹1,60,00,000
EMD:₹16,00,000
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 in the prime area of H Siddaiah Road, Bengaluru, Karnataka. The property is being auctioned by Canara Bank as part of a SARFAESI auction. It offers a great opportunity for investment or residence in a well-connected part of the city.
State:Karnataka
City:Bengaluru
Area:H Siddaiah Road
Asset Category:Residential
Full Address:404, 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:378.00 Sq.ft
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat on H Siddaiah Road, Bengaluru. The auction will take place on November 25, 2025, from 10:30 AM to 11:00 AM. The reserve price for this property is ₹1,60,00,000, with an Earnest Money Deposit (EMD) of ₹16,00,000 required to participate. This is a direct opportunity to acquire a property through a bank auction.
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 is located in a well-established area of Bengaluru. The reserve price seems reasonable, making it a good investment opportunity. The property being a residential flat adds to its appeal.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:080-25310066
