Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:611588
Bank Name:Canara Bank
Branch Name:Head Office - Bengaluru
Reserve Price:₹3,50,00,000
EMD:₹35,00,000
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 Shivamogga, Karnataka, being auctioned by Canara Bank. The property is part of a SARFAESI auction, offering a prime investment opportunity in a developing area.
State:Karnataka
City:Shivamogga
Area:shivamogga
Asset Category:Residential
Full Address:82, Site no 82, Corporation Khata No 393/393/555 Situated at Ward No 03, 2nd Cross, Ravindra Nagara, Shivamogga Town, Ravindra Nagara, Shivamogga
Size:2400 sq. ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Shivamogga, Karnataka. The auction will take place on 20-11-2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price is set at 3,50,00,000.00, and the Earnest Money Deposit (EMD) required is 35,00,000.00. This is a unique chance to acquire a property through a bank auction.
Borrower Name:M/s SHREYA TRADING COMPANY
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Ravindra Nagara and its size make it a strong investment opportunity. The reserve price is competitive for the area, and the auction terms are standard. This residential flat presents a significant opportunity for both homeowners and investors looking for a solid asset in Shivamogga.
Contact Details
Branch:Branch Office : Head Office - Bengaluru
Service Provider:BAANKNET
Contact Details:
Contact no:8095819121
