Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613292
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹20,50,000
EMD:₹2,05,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 13:00 PM
Service Provider:ebkray
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This is a residential house located in Bangarpet, Kolar, Karnataka, being auctioned by Canara Bank under SARFAESI Act. The property is registered under the name of Sri Ravi Kumar MV. It presents an excellent opportunity for those looking to acquire a home in this region.
State:Karnataka
City:Kolar
Area:Bangarpet
Asset Category:Residential
Full Address:44/44-55, Property No. 44/44-55, Bethamangala Village & Hobli, Bangarpet Taluk, Kolar Dist, Bethamangala, Kolar
Size:1200 Sq feet
Auction Description
Canara Bank is conducting an e-auction for a residential house in Bangarpet, Kolar, Karnataka. The auction will be held on November 28, 2025, from 11:00 AM to 01:00 PM. The reserve price is set at INR 20,50,000, with an Earnest Money Deposit (EMD) of INR 2,05,000 required to participate. This SARFAESI auction offers a chance to purchase a property directly from the bank.
Borrower Name:Sri Ravi Kumar MV
Auction Type:SARFAESI Auction
Guarantor Names:Sri Krishnappa MV
Legal Details
Encumbrance Details:Not to the knowledge of the Bank
Why This Property
The property is a residential house in Bangarpet, Kolar, with a reasonable reserve price. While the location is not prime, it represents a calculated opportunity for those looking for investment in the Kolar district. Auction terms are standard, suggesting moderate risk.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:ebkray
Contact Details:
Contact no: —
