Property for Auction in Vemagal Hobli, Kolar, Karnataka
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613304
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹46,50,000
EMD:₹4,65,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 13:00 PM
Service Provider:ebkray
Submission Date:2025-11-27
Bid Start Date:2025-11-28
A residential house located in Vemagal Hobli, Kolar, Karnataka. This property is being auctioned by Canara Bank under SARFAESI Act. Mr. Eranna Gowda V is the borrower. The property offers a great opportunity for homeownership or investment in the Kolar region.
State:Karnataka
City:Kolar
Area:Vemagal Hobli
Asset Category:Residential
Full Address:04, #266 Vemgal 'A' Block, Vemgal Hobli, Kolar Taluk, Chennappanahalli Village, Vemgal Hobli, Kolar
Size:1200 sq. ft.
Canara Bank is conducting a SARFAESI auction for a residential house in Vemagal Hobli, Kolar. 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 auction is INR 46,50,000, with an EMD of INR 4,65,000. Interested bidders are advised to review all auction terms and conditions.
Borrower Name:Mr Eranna Gowda V
Auction Type:SARFAESI Auction
Guarantor Names:Mr Ramesh Babu M
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is a residential house in a developing locality, Vemagal Hobli, Kolar. With a moderate reserve price and standard auction terms, it presents a calculated opportunity for potential buyers. The symbolic possession status warrants careful due diligence.
Branch:Branch Office : Regional Office
Service Provider:ebkray
Contact Details:
Contact no: —