Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613216
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹30,00,000
EMD:₹3,00,000
Bid Increment:₹10,000
Auction Time:11.00AM to 12.00PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This is a residential flat located in Kundapura, Udupi, Karnataka. It is being auctioned by Canara Bank under the SARFAESI Act. The property is offered as a secure investment opportunity for potential buyers. Its location in Kundapura, a well-known area in Udupi, provides access to local amenities and infrastructure.
State:Karnataka
City:Udupi
Area:Kundapura
Asset Category:Residential
Full Address:102, Laxmi Apartments, Door No.2-229/1, Apartment No. 102, Laxmi Apartments of Koteshwara Village, Koteshwara, Kundapura
Building/Society:Laxmi Apartments
Size:122.00 Sq Mtr
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Kundapura, Udupi, Karnataka. The auction will take place on November 26, 2025, between 11:00 AM and 12:00 PM. The reserve price for this property is ₹30,00,000, with an Earnest Money Deposit (EMD) of ₹3,00,000 required. This is a prime opportunity to acquire a flat in a desirable location through a transparent bank auction process.
Borrower Name:Mr AS Manjunatha Mogaveera
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Kundapura, offered at a reasonable reserve price. However, the locality and specific auction terms should be carefully considered before investing. This presents a calculated opportunity for buyers familiar with the area.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:0820-2575412
