Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614167
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹52,47,000
EMD:₹5,24,700
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 in KR Puram, Bengaluru, Karnataka. The property is being auctioned by Canara Bank under the SARFAESI Act. It's an excellent opportunity for home buyers or investors looking for a property in a well-connected area of Bengaluru. The flat is part of a bank auction, offering a chance to acquire property at a competitive price.
State:Karnataka
City:Bengaluru
Area:KR Puram
Asset Category:Residential
Full Address:308, Sri Krishna Sai Enclave, Flat No.308, Sri Krishna Sai Enclave in land bearing converted Sy. No.111/1, present BBMP Khata No.406, Hoodi Village, K R Puram Hobli, Bangalore East, KR Puram, Bengaluru
Building/Society:Sri Krishna Sai Enclave
Size:1241 Sq.ft.
Auction Description
Canara Bank is holding a SARFAESI auction for a residential flat in KR Puram, Bengaluru. The auction will take place on November 25, 2025, from 10:30 AM to 11:00 AM. The reserve price for this auction is ₹52,47,000, with an Earnest Money Deposit (EMD) of ₹5,24,700 required. This is a direct auction from the bank, presenting a transparent and straightforward process for interested bidders.
Borrower Name:M/S BHARANI HI TECH AGRO INDUSTRIES
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Anand L, Mr. Harsha Anand, Smt Chitra Anand, Mr. Vijay Anand
Legal Details
Possession Status:Physical
Encumbrance Details:Not to the knowledge of the Bank
Why This Property
This flat in KR Puram presents a calculated opportunity due to its location and size. The reserve price is reasonable, but potential investors should carefully assess the property's condition and auction terms. While not a prime investment, it offers decent potential for capital appreciation.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:08025310066
