Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611568
Bank Name:Canara Bank
Branch Name:Head Office - Bengaluru
Reserve Price:₹53,00,000
EMD:₹5,30,000
Auction Time:11:30am To 12:30pm
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2023-12-07
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 represents an opportunity to acquire a flat in the Shivamogga region.
State:Karnataka
City:Shivamogga
Area:Sagar Taluk
Asset Category:Residential
Full Address:Sy No 150 Of Talguppa Village, E Swathu No 152400303100100879, Dr No 557 & 557/1, Situated At Talaguppa Village & Grama Panchayath, Sagara Tq, Talguppa Village, Shivamogga
Size:704.90 Sq Mtr
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Sagar Taluk, Shivamogga, Karnataka. The auction has a reserve price of 53,00,000 INR and requires an Earnest Money Deposit (EMD) of 5,30,000 INR. The auction will take place on 20-11-2025, starting at 11:30 AM and concluding at 12:30 PM. This is a single-day auction event. Interested bidders should ensure they meet all auction requirements.
Borrower Name:Sri. Shakeel Ahmed
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a residential flat in a semi-urban location. The reserve price appears reasonable; however, potential investors should thoroughly investigate the location's market dynamics and growth prospects before bidding.
Contact Details
Branch:Branch Office : Head Office - Bengaluru
Service Provider:BAANKNET
Contact Details:
Contact no: —
