Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613293
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹7,90,000
EMD:₹79,000
Bid Increment:₹10,000
Auction Time:11:00 A.M to 13:00 P.M
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 Sugatur Hobli, Kolar, Karnataka. The property is being auctioned by Canara Bank under SARFAESI Act. It presents an opportunity for buyers seeking a home in this region. The reserve price is set at ₹7,90,000, with an Earnest Money Deposit (EMD) of ₹79,000.
State:Karnataka
City:Kolar
Area:Sugatur Hobli
Asset Category:Residential
Full Address:193, Velagalaburre Village, Sugatur Hobli, Kolar Taluk & District, Velagalaburre Village, Kolar
Size:2100.00 Sft
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential house in Sugatur Hobli, Kolar, Karnataka. The auction will take place on November 28, 2025, starting at 11:00 AM and concluding at 01:00 PM. The reserve price for this property is ₹7,90,000, and interested bidders must submit an EMD of ₹79,000. This is a prime opportunity to acquire a property through a bank auction.
Borrower Name:Srinatha V N
Auction Type:SARFAESI Auction
Guarantor Names:Hanumantha N, Hanumappa
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a reasonable opportunity given its location in Kolar and the specified size. While not a prime investment, the relatively low reserve price and clear auction terms make it a calculated opportunity for potential buyers familiar with the area. Further due diligence on local market conditions is recommended.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:ebkray
Contact Details:
Contact no: —
