Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611699
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹12,18,240
EMD:₹1,21,824
Auction Time:11.30AM to 12.30PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
A residential flat located in Karkala, Udupi, Karnataka, is being auctioned by Canara Bank. This property, previously owned by Mr. Subramanya Prasad, is being offered under the SARFAESI Act. It presents a valuable opportunity for prospective buyers in the Udupi region.
State:Karnataka
City:Udupi
Area:Karkala
Asset Category:Residential
Full Address:VI-71/40, LIZA PLAZA, Municipal Door No.VI-71/40 (PID No 39-17-65/A-4-5), Sy.No.421/2A, Karkala Kasba Village, Karkala
Building/Society:LIZA PLAZA
Size:657.29 Sq.ft
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential flat in Karkala, Udupi, Karnataka. The auction will commence on November 19, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this auction is INR 12,18,240, with an Earnest Money Deposit (EMD) of INR 1,21,824 required to participate.
Borrower Name:Mr Subramanya Prasad
Auction Type:SARFAESI Auction
Guarantor Names:Mr Hari Prasad
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Karkala, offering decent potential. The reserve price seems reasonable, but further due diligence is necessary to assess the long-term investment viability given its location and the auction terms.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:9483510609
