Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613288
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹7,90,000
EMD:₹79,000
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 Mandikal, Chikkaballapur, Karnataka. The property is being auctioned by Canara Bank as part of a SARFAESI action. It is an excellent opportunity to acquire a home in a well-situated area.
State:Karnataka
City:Chikkaballapur
Area:Mandikal
Asset Category:Residential
Full Address:Property No. 152800200400120129, HL No. 143/77, HL. No. 143/77/2, Behind Murarji School & Hostel, Opp to Govt Hospital, Peresandra Grama Panchayat, Mandikal Hobli, Mandikal, Chikkaballapur
Size:726.84 Sq ft
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential house in Mandikal, Chikkaballapur, Karnataka. The auction will take place on November 28, 2025, from 11:00 AM to 01:00 PM. The reserve price for this property is INR 7,90,000, with an Earnest Money Deposit (EMD) of INR 79,000 required. This is a fantastic chance for potential buyers to bid on a property under distress sale conditions.
Borrower Name:Smt Reshma Y P
Auction Type:SARFAESI Auction
Guarantor Names:Sri S Rasool
Legal Details
Encumbrance Details:Not to the knowledge of the Bank
Why This Property
The property is a residential house in a developing locality with a reasonable reserve price. While the location might not be prime, the price point and clear title make it a calculated investment opportunity. Further due diligence is recommended to assess local market trends.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:ebkray
Contact Details:
Contact no: —
