Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609846
Bank Name:Canara Bank
Branch Name:ARM-2 Branch
Reserve Price:₹16,66,000
EMD:₹1,66,600
Bid Increment:₹0.01
Auction Time:1:00 PM to 3:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
This auction features a valuable Land and Building property located in the desirable Varthur Hobli, Bengaluru, Karnataka. Classified under the Residential asset category, this property offers a prime opportunity for investment or personal use in a rapidly developing area. The borrower is M/s Nishi Forex & Leisure Pvt Ltd. Don't miss out on this chance to acquire a significant asset in one of Bengaluru's key locales.
State:Karnataka
City:Bengaluru
Area:Varthur Hobli
Asset Category:Residential
Full Address:Sy No.57/5, Varthur Hobli, Bengaluru
Size:1.23 Acres
Auction Description
Canara Bank presents a SARFAESI Auction for a Land and Building property in Varthur Hobli, Bengaluru. The auction will be held on November 21, 2025, with bidding open from 01:00 PM to 03:00 PM. The reserve price is ₹16,66,000, and the Earnest Money Deposit (EMD) is ₹1,66,600. This is a unique opportunity to purchase a residential asset directly from the bank.
Borrower Name:M/s Nishi Forex & Leisure Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Ramachandra K S/o Kuppanna, Sri.Arjun A S/o Sri.Anantha, Sri Anatha S/o Sri. Dodda Thippanna, Smt. Aruna A W/o Sri. Ramachandra K, Smt. Renuka W/o Sri. Anantha
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not to the knowledge of the Bank
Why This Property
The property is a land and building in a developing area of Bengaluru. While the location is promising, the auction terms and details need careful evaluation. The property presents a calculated opportunity for investors familiar with the Varthur Hobli market.
Contact Details
Branch:Branch Office : ARM-2 Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9113092975
