Property for Auction in Bhadravathi, Shivamogga, Karnataka
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611577
Bank Name:Canara Bank
Branch Name:Head Office - Bengaluru
Reserve Price:₹22,00,000
EMD:₹2,20,000
Auction Time:11:30 To 12:30
Service Provider:BAANKNET
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2023-12-11
Discover an exceptional opportunity in Bhadravathi, Shivamogga, Karnataka. This SARFAESI auction features a prime Land and Building property, ideal for residential use. Located in a developing area, it offers a solid investment potential. The property is being auctioned by Canara Bank. Don't miss this chance to acquire a valuable asset in a growing region.
State:Karnataka
City:Shivamogga
Area:Bhadravathi
Asset Category:Residential
Full Address:20, Site No.20, Cmc No/Page 178, Khata No.1698, Asst. No.3394 Situated At Ward No.14 Kuvempunagara Extension, Bhadravathi Within The Local Limits Cmc, Kuvempunagara Extension, Bhadravathi
Size:2250 sq ft
Canara Bank presents a SARFAESI auction for a residential Land and Building in Bhadravathi, Shivamogga. The auction has a reserve price of ₹22,00,000 and an EMD of ₹2,20,000. Bidding opens on November 20, 2025, at 11:30 AM and closes at 12:30 PM on the same day. This is a fantastic chance to own property through a transparent and efficient auction process. Secure your bid today!
Borrower Name:Sri. Sathish NK
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property presents a calculated opportunity due to its location in Bhadravathi and the combination of land and building. The reserve price seems reasonable, however more information on the building's condition and local market trends is necessary. With some due diligence, this could be a worthwhile investment.
Branch:Branch Office : Head Office - Bengaluru
Service Provider:BAANKNET
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