Land for auction 10 Vishwapriya Greeneries, Begur, Bengaluru by Canara

This remarkable land parcel, identified as Site No. 77 within the well-established "Vishwapriya Greeneries" layout, presents an exceptional opportunity for new property buyers seeking a strategic investment in Bengaluru. Spanning an expansive 6,000 square feet (100 ft x 60 ft), this residential plot is significantly larger than typical urban offerings, providing ample space for designing a bespoke dream home, developing multiple dwelling units, or holding as a valuable appreciating asset. Located in Begur Village, Begur Hobli, under the administrative jurisdiction of Bruhat Bangalore Mahanagara Palike (BBMP) Ward No. 192, the property benefits from its prime position in South Bangalore, an area renowned for its rapid development, connectivity, and burgeoning social infrastructure. Its clear BBMP Khatha and PID ensure legitimate ownership and hassle-free transactions, making it an ideal choice for those looking to build their future in one of India’s most dynamic metropolitan cities. This substantial plot offers unparalleled flexibility and long-term value in a sought-after residential corridor.

Prospective bidders interested in acquiring this prime Begur land through a transparent and regulated process should note the critical details of this Canara Bank SARFAESI auction. The property is offered at a Reserve Price of INR 13,500,000.00, with a mandatory Earnest Money Deposit (EMD) of INR 1,350,000.00. This EMD is a prerequisite for bidding and must be submitted before the application deadline. The auction itself is scheduled for a brief window on February 20, 2025, from 02:30 PM to 03:00 PM, with application submissions closing on February 19, 2025, at 05:00 PM. As a first-time auction participant, it is crucial to conduct thorough due diligence, including physical inspection and legal verification of the property. The auction will be facilitated by BAANKNET, an online service provider. For any queries or assistance with the bidding process, potential buyers are encouraged to contact the Chief Manager at Canara Bank, ARM Branch-2, on 080-25310181, well in advance of the deadlines.