Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611595
Bank Name:Canara Bank
Branch Name:Head Office - Bengaluru
Reserve Price:₹20,00,000
EMD:₹2,00,000
Auction Time:11:30am To 12:30pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This is a residential flat located in Sagar Taluk, Shivamogga, Karnataka. The property is being auctioned by Canara Bank under the SARFAESI Act. It presents a good opportunity for individuals seeking property in this region.
State:Karnataka
City:Shivamogga
Area:Sagar Taluk
Asset Category:Residential
Full Address:Malali Village, Ullur Grama Panchayath, Sagara Taluk, Shivamogga Dist, Malali Village, Shivamogga
Size:111.48 sq. mtrs
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Sagar Taluk, Shivamogga, Karnataka. The auction will take place on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price is INR 2,000,000.00, with an Earnest Money Deposit (EMD) of INR 200,000.00 required to participate. This is a prime opportunity to acquire a property through a secured bank auction process.
Borrower Name:Sri Naveen N
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The flat in Malali Village presents a reasonable investment opportunity given its location and reserve price. While not a prime investment, the property's location in Shivamogga and the auction terms make it a calculated opportunity for potential buyers.
Contact Details
Branch:Branch Office : Head Office - Bengaluru
Service Provider:BAANKNET
Contact Details:
Contact no:8095819121
