Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612116
Bank Name:Canara Bank
Branch Name:Regional Office : Udupi
Reserve Price:₹11,76,000
EMD:₹1,17,600
Auction Time:11.30AM to 12.30PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-07
Bid Start Date:2025-12-08
Property Description
This is a SARFAESI auction property consisting of land and a building, located in Karkala, Udupi, Karnataka. The property was formerly owned by Mrs Sanjeevi Shetty. This is a residential asset.
State:Karnataka
City:Udupi
Area:Karkala
Asset Category:Residential
Full Address:S.No. 141/3 Non-Agri 0.05 Acres with E-Property No.152600100800280439, Kukkuje Village, Karkala, Udupi, Karnataka
Size:202.34 Sq mts
Auction Description
Canara Bank is conducting an online SARFAESI auction for a land and building property in Karkala, Udupi, Karnataka. The auction will take place on December 8, 2025, from 11:30 AM to 12:30 PM. The reserve price for this auction is INR 11,76,000, with an Earnest Money Deposit (EMD) of INR 1,17,600 required to participate.
Borrower Name:Mrs Sanjeevi Shetty
Auction Type:SARFAESI Auction
Guarantor Names:Mr Harish Shetty
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This land and building in Karkala presents a calculated opportunity. The location in Kukkuje Village and the relatively low reserve price compared to potential market value, combined with the auction terms, suggest potential for value appreciation but require careful due diligence.
Contact Details
Branch:Branch Office : Regional Office : Udupi
Service Provider:BAANKNET
Contact Details:
Branch Incharge
Contact no:9449860837/9482666911
