Property for Auction in Yaragunte, Davanagere, Karnataka
Auction ID:540211
Bank Name:Canara Bank
Branch Name:Head Office - Bengaluru
Reserve Price:₹21,60,000
EMD:₹2,16,000
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 10:00 AM
Discover the potential of this residential house situated in the developing Yaragunte area of Davanagere, Karnataka. This property, identified by Site No. 17 and Door No. 227/17, benefits from its location within the Davanagere Mahanagara Palike limits, suggesting access to municipal services and potential for future urban development. The property's layout is defined by its boundaries: a road to the north, providing convenient access, Site No. 30 to the south, Site No. 16 to the east, and Site No. 18 to the west. As a residential asset, it offers a canvas for new homeowners to customize and renovate according to their preferences, or for investors to explore rental income possibilities in this growing city. The proximity to essential amenities and transport links within Davanagere can be further investigated by interested parties. This property represents a chance to invest in a tangible asset with the prospect of capital appreciation in a key region of Karnataka.
State:Karnataka
City:Davanagere
Area:Yaragunte
Asset Category:Residential
This SARFAESI auction presents a unique opportunity to acquire a residential house in Yaragunte, Davanagere, Karnataka, offered by Canara Bank. The auction is scheduled to commence on July 31, 2025, at 10:00 AM and conclude at 12:30 PM on the same day. To participate, interested buyers must submit their applications by 5:00 PM on July 30, 2025. The reserve price for this property is ₹21,60,000, with an Earnest Money Deposit (EMD) of ₹2,16,000 required to secure your bid. The property, identified as Site No. 17, Door No. 227/17, is located in the Yaragunte Division and is now within the Davanagere Mahanagara Palike limits. It is strategically bounded by a road to the north, Site No. 30 to the south, Site No. 16 to the east, and Site No. 18 to the west. For further inquiries, prospective bidders can contact the provided number: 9886759200. This auction is managed by BAANKNET, with the sale notice available for review at the provided URL.
Borrower Name:Sri. Raju Maruthi Rao
Auction Type:SARFAESI Auction
MOB. 9886759200