Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612186
Bank Name:Canara Bank
Branch Name:Manipal Branch
Reserve Price:₹17,01,000
EMD:₹1,70,100
Bid Increment:₹10,000
Auction Time:11.00AM to 12.00PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
A residential flat located in Kundapura Taluk, Udupi, Karnataka. This property is being auctioned by Canara Bank under the SARFAESI Act. The flat offers a comfortable living space in a well-connected area. Ideal for individuals or families seeking a home in Udupi.
State:Karnataka
City:Udupi
Area:Kundapura Taluk
Asset Category:Residential
Full Address:A-103, Julie-Yo-Residency, Residential Flat No A-103 on the first floor A Wing of "Julie-Yo-Residency apartment bearing DNo.3-316/B, Koteshwara Village, Udupi
Building/Society:Julie-Yo-Residency
Size:1264 Sq.Ft.
Auction Description
Canara Bank presents a SARFAESI auction for a residential flat in Kundapura Taluk, Udupi, Karnataka. The bidding will commence on November 20, 2025, starting at 11:00 AM and concluding at 12:00 PM on the same day. The reserve price for this auction is INR 17,01,000, with an Earnest Money Deposit (EMD) of INR 1,70,100 required to participate. This is a prime opportunity to acquire a property in a developing region.
Borrower Name:Mr. Satish Kharvi
Auction Type:SARFAESI Auction
Guarantor Names:Mr Nithyananda
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent residential opportunity in Udupi with a reasonable reserve price. However, potential investors should carefully assess the location and specific property condition. The auction terms appear standard, presenting a manageable risk profile for informed buyers.
Contact Details
Branch:Branch Office : Manipal Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer Canara Bank
Contact no:0820-2575412
