Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612203
Bank Name:Canara Bank
Branch Name:ARM Branch Manipal
Reserve Price:₹25,75,000
EMD:₹2,57,500
Bid Increment:₹25,000
Auction Time:11:00AM to 12:00PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This is a residential flat located in Kundapura Taluk, Udupi, Karnataka. The property is being auctioned by Canara Bank under SARFAESI Act. Mr. Sharth Kumar is the borrower. The flat is available for purchase through a public auction.
State:Karnataka
City:Udupi
Area:Kundapura Taluk
Asset Category:Residential
Full Address:A-106, Julie-Yo-Residency, Ankada Katte, Koteshwara village, within the limits of SRO Kundapura Taluk, Udupi District, Koteshwara, Udupi
Building/Society:Julie-Yo-Residency
Size:1932.2808 Sq.Ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Kundapura Taluk, Udupi, Karnataka. The auction is scheduled for November 28, 2025, starting at 11:00 AM and concluding at 12:00 PM. The reserve price is ₹2,575,000, with an Earnest Money Deposit (EMD) of ₹257,500.
Borrower Name:Mr. Sharth Kumar
Auction Type:SARFAESI Auction
Guarantor Names:Mr Ibrahim Khalel
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a reasonable opportunity in a developing area. The price is moderate, and the location in Kundapura, Udupi is promising. However, further due diligence on market trends is advised before bidding.
Contact Details
Branch:Branch Office : ARM Branch Manipal
Service Provider:BAANKNET
Contact Details:
Contact no:0820-2575412
