Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:614229
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 on H Siddaiah Road in Bengaluru, Karnataka. The property is being auctioned by Canara Bank under the SARFAESI Act. It represents a great opportunity to acquire a flat in a prime city location. Specific details regarding the size, amenities, and exact location within H Siddaiah Road will be available in the detailed auction notice.
State:Karnataka
City:Bengaluru
Area:H Siddaiah Road
Asset Category:Residential
Full Address:201, GARDENIA RESIDENCY, GARDENIA RESIDENCY, 36 PID No.48-1-36, H Siddalah Road, Next to Urvashi Theatre, H Siddalah Road, Bengaluru
Building/Society:GARDENIA RESIDENCY
Size:402.00 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, starting at 10:30 AM and concluding at 11:00 AM. The reserve price for this auction is ₹1,60,00,000, with an Earnest Money Deposit (EMD) of ₹16,00,000 required. This is a timed online auction. Interested bidders are advised to review all terms and conditions specified by Canara Bank and obtain the detailed auction catalogue.
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 a residential flat in a well-known residency in Bengaluru. While the reserve price is relatively high, the location and property size present a solid investment opportunity. The auction terms are standard, and the location is desirable.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:080-25310066
