Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612117
Bank Name:Canara Bank
Branch Name:Regional Office : Udupi
Reserve Price:₹18,11,000
EMD:₹1,81,100
Auction Time:11.30AM to 12.30PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-05
Bid Start Date:2025-12-06
Property Description
This is a SARFAESI auction for a residential Land and Building located in Karkala, Udupi, Karnataka. The property is associated with borrower Mr. Nagesh Kulal (Guarantor) and is being auctioned by Canara Bank.
State:Karnataka
City:Udupi
Area:Karkala
Asset Category:Residential
Full Address:S.NO.27/27 (As per Sale deed s.no.27/1 portion), Mundkur Village, Karkala Taluk, Udupi
Size:0.10 acres
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 December 6, 2025, from 11:30 AM to 12:30 PM. The reserve price is INR 18,11,000, with an EMD of INR 1,81,100 required to participate.
Borrower Name:Mr. Nagesh Kulal, Guarantor
Auction Type:SARFAESI Auction
Guarantor Names:Mr Sathya Shankar Shetty, Mr. Cyprian Martis
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property in Karkala, Udupi, offers a reasonable opportunity due to its land and building classification and location. The reserve price seems appropriate for the area, but potential investors should conduct thorough due diligence. Given the location and auction terms, it's a calculated risk.
Contact Details
Branch:Branch Office : Regional Office : Udupi
Service Provider:BAANKNET
Contact Details:
Contact no:9483520646
