Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613215
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹67,00,000
EMD:₹6,70,000
Bid Increment:₹50,000
Auction Time:11.00AM to 12.00PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This is a SARFAESI auction for a Land and Building property located in Karkala, Udupi, Karnataka. The property is a residential asset belonging to Mr. Sanjeeva Puthran. It is being auctioned by Canara Bank.
State:Karnataka
City:Udupi
Area:Karkala
Asset Category:Residential
Full Address:Chara village, Karkala Taluk, Udupi District Karnataka, Chara village, Karkala
Size:20 cents
Auction Description
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Karkala, Udupi, Karnataka. The auction will take place on November 26, 2025, from 11:00 AM to 12:00 PM. The reserve price for this residential asset is ₹6,700,000, with an Earnest Money Deposit (EMD) of ₹670,000.
Borrower Name:Mr. Sanjeeva Puthran
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Chiranjeevi Puthran, Mrs. Lakshmi
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent opportunity due to its location in Karkala and its land and building type. The reserve price appears reasonable, but potential investors should conduct thorough due diligence. The auction terms are standard, requiring EMD submission before the auction date.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer Canara Bank
Contact no:0820-2575412
