House for auction Vemgal Hobli Kolar 47 lakh Canara Bank

Property for Auction in Vemagal Hobli, Kolar, Karnataka

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
1200 sq. ft.
Reserve Price
46,50,000
Reserve Price
46,50,000
EMD Required
4,65,000
Property Specifications
Size1200 sq. ft.
Unit No.04
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
House
Location IconLocation:
Vemagal Hobli, Kolar
Auction Date IconAuction Date:
28-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:2025-11-27

Bid Start Date:2025-11-28

Property Description

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.

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Regional Office

Service Provider:ebkray

Contact Details:

Contact no: —

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