House for Auction Kannur Village Vijayapura 1.7 Lakh by Asset Reconstruction Company India Ltd Arcil 03 Aug 2026
Kannur Village, Vijayapura
Area: 560 sq. ft.
House Property bearing Sy No.694/D, situated at Kannur Village, Tq. and Dist. Vijayapura
Asset Reconstruction Company (India) Ltd. (Arcil) · Dadar West, Mumbai
Reserve price
₹1,67,000
EMD ₹16,700
Auction date
03 Aug 2026, 02:30 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 560 sq. ft.
- ▸Locality: Kannur Village
- ▸Reserve: ₹1,67,000
- ▸EMD: ₹16,700
Auction snapshot
| Possession | Physical |
| Property type | House · Residential |
| Locality | Kannur Village |
| Built-up / plot area | 560 sq. ft. |
| Lender | Asset Reconstruction Company (India) Ltd. (Arcil) |
| Branch | Dadar West, Mumbai |
| Unit / flat no. | Sy No.694/D |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
House bank auction in Kannur Village, Vijayapura by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹1,67,000, 560 sq. ft., Physical possession.
Discover an affordable residential house for sale via bank auction in Kannur Village, Vijayapura, Karnataka. This valuable property, identified as Sy No.694/D, offers 560 sq. ft. of living space and is being auctioned by Asset Reconstruction Company (India) Ltd. (Arcil). With a remarkably low reserve price of ₹167,000 and an EMD of ₹16,700, this bank auction property presents a prime investment opportunity for those seeking budget-friendly housing or a promising asset for rental income. The property is offered with physical possession, streamlining the acquisition process. Don't miss the e-auction on 2026-08-03 at 02:30 PM. Contact Arcil for further details on this attractive residential property.
GeoSquare note: This residential house in Kannur Village, Vijayapura, offers exceptional value with a very low reserve price of ₹167,000, making it a highly attractive entry-level investment. The physical possession status significantly de-risks the purchase. While located in a village, its affordability and the potential for a solid return on investment, either through personal occupancy or rental, position it as a strong buy for savvy investors or first-time homebuyers.
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