Land And Building for auction Kuvempunagar Tumkur 1 Cr Canara Bank

This SARFAESI auction presents a prime opportunity to acquire a valuable Land and Building property in the sought-after Kuvempunagar area of Tumkur, Karnataka. The asset, categorized as residential, is being auctioned by Canara Bank. This is an ideal investment for individuals or developers looking to own a property in a developing urban locale. The property offers potential for both residential use and future development, making it a versatile acquisition.

Canara Bank is conducting an e-auction under SARFAESI Act for a Land and Building property located in Kuvempunagar, Tumkur, Karnataka. The auction is scheduled for December 5, 2025, with bidding open from 1:00 PM to 3:00 PM. The reserve price for this residential asset is ₹10,333,000, with an Earnest Money Deposit (EMD) of ₹1,034,000 required to participate. This is a direct opportunity to bid on a property formerly held by Sri TV Basavaraju.