Property for Auction in Bantawal Taluk, Dakshina Kannada, Karnataka
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
Submission Date:2025-11-20
Bid Start Date:2025-11-21
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
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
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : MANGALUR BRANCH
Service Provider:BAANKNET
Contact Details:
Deepankar Shrigyan
Contact no:2863208/231/8570821555