Property for Auction in H Siddaiah Road, Bengaluru, Karnataka
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614227
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹78,00,000
EMD:₹7,80,000
Bid Increment:₹1,00,000
Auction Time:10:30 AM to 11:00 AM
Service Provider:BAANKNET
Submission Date:2025-11-24
Bid Start Date:2025-11-25
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 is an excellent opportunity to acquire a property in a prime Bengaluru location. Details regarding the exact dimensions and condition of the flat are available from the auctioneer.
State:Karnataka
City:Bengaluru
Area:H Siddaiah Road
Asset Category:Residential
Full Address: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
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 is ₹78,00,000, with an Earnest Money Deposit (EMD) of ₹7,80,000 required to participate. This is a timed online auction, and interested bidders are encouraged to review all auction terms and conditions thoroughly before the bidding period. The property is being sold on an 'as is, where is' basis.
Borrower Name:Sri K Lokanath Naidu
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not to the knowledge of the Bank
Located on H Siddaiah Road, this property offers potential but the auction terms and limited information suggest careful consideration. The lack of specific unit numbers and floor plans require further due diligence. However, the location and bank auction framework provide an opportunity for savvy investors.
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:080-25310066