Property for Auction in Bhadravathi,, Shimoga, Karnataka
Auction ID:582150
Bank Name:Canara Bank
Branch Name:Regional Office : Shivamogga H O Bangalore
Reserve Price:₹22,00,000
EMD:₹2,20,000
Service Provider:BAANKNET
Submission Date:29-09-2025 04:00 PM
Bid Start Date:30-09-2025 11:30 AM
This offering presents a prime opportunity to acquire a Land and Building asset located in Bhadravathi, Shimoga, Karnataka. The property, previously held by borrower Sri. Sathish NK, falls under the residential asset category. It is a valuable piece of real estate in a developing area, suitable for various residential or mixed-use purposes. The land and existing building offer potential for renovation, development, or immediate use. Its location in Shimoga district provides access to local amenities and infrastructure.
State:Karnataka
City:Shimoga
Area:Bhadravathi,
Asset Category:Residential
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Bhadravathi, Shimoga, Karnataka. The auction will take place on September 30, 2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price for this asset is set at ₹22,00,000, with an Earnest Money Deposit (EMD) of ₹2,20,000 required to participate. This is a significant opportunity to purchase a property through a transparent auction process managed by Canara Bank. Interested bidders are advised to review all auction terms and conditions.
Borrower Name:Sri. Sathish NK
Auction Type:SARFAESI Auction
Contact No.8291220220,8095819121