Property for Auction in Brahmavara, Udupi, Karnataka
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613217
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹31,50,000
EMD:₹3,15,000
Bid Increment:₹10,000
Auction Time:11.00AM to 12.00PM
Service Provider:BAANKNET
Submission Date:2025-11-25
Bid Start Date:2025-11-26
This is a residential house located in Brahmavara, Udupi, Karnataka. The property is being auctioned by Canara Bank under the SARFAESI Act. It represents a great opportunity to acquire a home in a well-known area. Further details regarding the specific dimensions, features, and condition of the house will be made available to interested bidders. The auction is conducted by Canara Bank on behalf of the borrower, Mr. Prabhakar P. Acharya.
State:Karnataka
City:Udupi
Area:Brahmavara
Asset Category:Residential
Full Address:D. No.4-376, Sy.No.118-1C3-Converted, Chantharu village, Brahmavara taluk, Udupi district, Chantharu, Udupi
Size:7 cents
Canara Bank is conducting an online SARFAESI auction for a residential house in Brahmavara, Udupi, Karnataka. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price for this property is INR 31,50,000, with an Earnest Money Deposit (EMD) of INR 3,15,000 required to participate. This is a prime opportunity to bid on a property in a desirable location. All prospective bidders are advised to review the full auction terms and conditions provided by Canara Bank.
Borrower Name:Mr Prabhakar P Acharya
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property presents a calculated opportunity due to its residential nature and location in Brahmavara, Udupi. The reserve price appears reasonable, and while not a prime investment, it warrants consideration for those familiar with the local market. Further due diligence on the property's condition is recommended.
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer Canara Bank
Contact no:0820-2575412/9449862135/8884738975/9844745448/9598559920