Property for Auction in Hiriyur Taluk, Chitradurga, Karnataka
Auction ID:540218
Bank Name:Canara Bank
Branch Name:Head Office - Bengaluru
Reserve Price:₹31,00,000
EMD:₹3,10,000
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 10:00 AM
Discover a promising residential asset in the heart of Hiriyur Taluk, Chitradurga district, Karnataka. This property, an amalgamation of land and a constructed building, is strategically positioned in Vani Layout, conveniently located behind the Rastriya Acadamy School. The site, measuring approximately 14.4+12.6/2 meters by 09 meters, falls under Ward No. 24/53 and is demarcated by property boundaries North: Site no 20, South: Site no 22, East: Site no 16, and West: a 12-meter width road, ensuring good accessibility. The area of Hiriyur Taluk is experiencing growth, making this an attractive proposition for both end-users seeking a home and investors eyeing capital appreciation. The property's title is associated with Sri Shanmugam S, and it is categorized as residential. This is a unique chance to own a piece of real estate in a developing region, benefiting from the structured environment of a bank auction.
State:Karnataka
City:Chitradurga
Area:Hiriyur Taluk
Asset Category:Residential
This SARFAESI auction presents a prime opportunity to acquire a residential land and building situated in Hiriyur Taluk, Chitradurga district, Karnataka. The property, identified by Khata No. 6356/21/6356, Site No. 21, and Sy. No. 285/2, offers a land parcel measuring approximately 14.4+12.6/2 x 09 meters, located in Ward No. 24/53, Vani Layout, behind Rastriya Acadamy School. Its strategic location in Hiriyur town, a developing area within Chitradurga district, promises potential for growth and appreciation. The auction process is managed by BAANKNET on behalf of Canara Bank, with the Head Office in Bengaluru overseeing the proceedings. The reserve price is set at 31,00,000, with an Earnest Money Deposit (EMD) of 3,10,000 required to participate. Prospective buyers are advised to thoroughly review all auction terms and conditions, including the submission deadline for applications which is July 30, 2025, 05:00 PM, to ensure a smooth bidding experience. This is an excellent chance for new buyers to enter the property market through a transparent and regulated auction.
Borrower Name:Sri Shanmugam S
Auction Type:SARFAESI Auction
MOB. 8179309179