Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613124
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹29,00,000
EMD:₹2,90,000
Auction Time:10:30 AM to 11:30 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-27
Property Description
This is a residential land and building property located in Manguluru Taluk, Dakshina Kannada district, Karnataka. The property is being auctioned by Canara Bank. It is an excellent opportunity to acquire a property in a well-established area.
State:Karnataka
City:Dakshina Kannada
Area:manguluru taluk
Asset Category:Residential
Full Address:S no. 58-4P1 and 58-4P2 of Kotekar Village, Kotekar, Mangaluru
Size:4.70 cents
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building. The auction has a reserve price of INR 29,00,000 and an EMD of INR 2,90,000. The auction will take place on November 27, 2025, from 10:30 AM to 11:30 AM. Don't miss this chance to bid on this valuable asset.
Borrower Name:Sri. BM Chandrashekara
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property in Kotekar, Mangaluru offers a calculated opportunity due to its residential building on a decent-sized land parcel. The reserve price of ₹29,00,000 and location within Mangaluru City Corporation suggest potential, but further due diligence is recommended to assess market value and future appreciation.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Mr. Vaman Naik B
Contact no:7975987922
