Property for Auction in Begur, Bengaluru, Karnataka
Auction ID:553646
Bank Name:Canara Bank
Branch Name:ARM - II Branch
Reserve Price:₹3,15,00,000
EMD:₹31,50,000
Service Provider:BAANKNET
Submission Date:25-08-2025 05:00 PM
Bid Start Date:26-08-2025 11:00 AM
This auction features a significant land parcel located in the well-connected area of Begur, Bengaluru, Karnataka. The property is classified as residential land, offering versatile development potential. Situated in a key growth corridor of Bengaluru, it provides excellent accessibility and proximity to essential amenities. The land is part of a SARFAESI auction initiated by Canara Bank due to a default by the borrower, MNR Engineering & Projects. This is a straightforward acquisition of land, free from encumbrances, making it an attractive proposition for those seeking to invest in or develop real estate in one of India's most dynamic cities.
State:Karnataka
City:Bengaluru
Area:Begur
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a land parcel in Begur, Bengaluru, Karnataka. This is a prime opportunity to acquire a residential land asset. The auction will be conducted online on August 26, 2025, from 11:00 AM to 01:00 PM. The reserve price is ₹3,15,00,000, with an Earnest Money Deposit (EMD) of ₹31,50,000 required to participate. This auction is conducted under the SARFAESI Act, offering a clear title for the property. Ideal for developers and investors looking to capitalize on Bengaluru's burgeoning real estate market.
Borrower Name:MNR Engineering & Projects
Auction Type:SARFAESI Auction
Contact no:9113092975, 8921102717,9201460154, 9483544116, 8709675503