House for auction Pudu Bantwal 56 lakh Canara Bank

Property for Auction in Bantawal Taluk, Dakshina Kannada, Karnataka

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
283.36 Sq.Mtrs
Reserve Price
56,00,000
Reserve Price
56,00,000
EMD Required
5,60,000
Property Specifications
Size283.36 Sq.Mtrs
Unit No.4-58/3
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
House
Location IconLocation:
Bantawal Taluk, Dakshina Kannada
Auction Date IconAuction Date:
21-11-2025 11:30 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:613089

Bank Name:Canara Bank

Branch Name:MANGALUR BRANCH

Reserve Price:56,00,000

EMD:5,60,000

Auction Time:11:30 A.M. to 12:30 P.M.

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-20

Bid Start Date:2025-11-21

Property Description

This is a residential house located in Bantawal Taluk, Dakshina Kannada, Karnataka. The property is part of a SARFAESI auction conducted by Canara Bank. The auction presents a great opportunity to acquire a house in a well-established area. The borrower associated with this property is Mr. Mohammed Shareef K. Further details regarding the exact location, size, and amenities of the house can be obtained from the official auction notice.

State:Karnataka

City:Dakshina Kannada

Area:Bantawal Taluk

Asset Category:Residential

Full Address:4-58/3, Pudu village of Bantwal Taluk, Pudu, Bantwal

Size:283.36 Sq.Mtrs

Auction Description

Canara Bank is conducting an SARFAESI auction for a residential house in Bantawal Taluk, Dakshina Kannada, Karnataka. The auction will commence on November 21, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this property is ₹56,00,000, with an Earnest Money Deposit (EMD) of ₹5,60,000 required to participate. This is a direct sale opportunity, offering a chance to bid on a valuable asset. Interested parties are advised to review the full auction terms and conditions provided by Canara Bank.

Borrower Name:Mr. Mohammed Shareef K

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property is a residential house in a developing area with a moderate reserve price. While the location offers potential, further due diligence is needed to assess market demand and growth prospects. This makes it a calculated opportunity rather than a prime investment.

Contact Details

Branch:Branch Office : MANGALUR BRANCH

Service Provider:BAANKNET

Contact Details:

Deepankar Shrigyan

Contact no:2863208/231/8570821555

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