Property for Auction in Kasaba Hobli, Bengaluru, Karnataka
Auction ID:530662
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹11,92,000
EMD:₹1,19,000
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:30 AM
Discover a promising residential investment in Kasaba Hobli, a strategically developing locale within Bengaluru, Karnataka. This property presents a compelling opportunity for new buyers looking to enter the real estate market through a bank auction. The house, built on a plot measuring approximately 27 x 25 feet (62.71 sq. mtrs.), offers a compact yet functional living space. Its location in Lingapura village, Kasaba Hobli, provides access to the conveniences of Bengaluru while offering a potentially more serene environment. As a residential asset, it holds potential for personal use or rental income, given the continuous demand for housing in this region. The property's proximity to essential amenities and its position within an expanding urban landscape make it an attractive prospect for those seeking to build equity or secure a foothold in the South Indian real estate market. This auction represents a chance to acquire a property in a location poised for growth.
State:Karnataka
City:Bengaluru
Area:Kasaba Hobli
Asset Category:Residential
This is a valuable opportunity to participate in a SARFAESI auction conducted by Canara Bank for a residential house located in the burgeoning Kasaba Hobli area of Bengaluru, Karnataka. The auction is scheduled to take place on July 31, 2025, with bidding commencing at 11:30 AM and concluding at 12:30 PM. The property, identified as bearing municipal number 150900501100320072, is situated on Sy. No. 43 of Lingapura village and measures approximately 8.23 x 7.62 meters, encompassing a total area of 62.71 square meters. The reserve price for this auction is set at ₹11,92,000, with an Earnest Money Deposit (EMD) of ₹1,19,000 required to participate. Prospective buyers are advised to complete their application submission by 5:00 PM on July 30, 2025. For further details or inquiries, interested parties can reach out via the provided contact number: 8291220220.
Borrower Name:Mr. Eliyas PV
Auction Type:SARFAESI Auction
Contact Number : 8291220220