Property for Auction in Begur, Bengaluru, Karnataka
Auction ID:439449
Bank Name:Canara Bank
Branch Name:ARM BRANCH-II , BENGALURU
Reserve Price:₹53,46,000
EMD:₹5,34,600
Service Provider:BAANKNET
Submission Date:19-02-2025 05:00 PM
Bid Start Date:20-02-2025 02:30 PM
Discover an exceptional investment opportunity with this prime residential land parcel, strategically located in Begur, Bengaluru, and offered through Canara Bank. Spanning a generous 6000 sq. ft. (100 feet by 60 feet), this property is identified as Site No. 160 within the esteemed 'Vishwapriya Greeneries' comprehensive residential layout. Falling under the administrative jurisdiction of Bruhat Bangalore Mahanagara Palike (BBMP), Begur Ward No. 192, the plot benefits from its position in Bangalore South Taluk, a rapidly developing area known for its excellent connectivity and robust infrastructure. The property boasts clear boundaries, bordered by Site No. 137 to the East, a Road to the West, Site No. 161 to the North, and Site No. 159 to the South, providing a well-defined space for development. This substantial land offers immense potential for constructing a bespoke dream home or as a long-term asset, making it an ideal acquisition for discerning new property buyers seeking growth in one of Bengaluru's most sought-after corridors.
State:Karnataka
City:Bengaluru
Area:Begur
Asset Category:Residential
Prospective buyers are invited to participate in the upcoming SARFAESI e-auction for this valuable residential land, conducted by Canara Bank. The auction is scheduled for February 20, 2025, commencing promptly at 02:30 PM and concluding by 03:00 PM, allowing a precise bidding window. A Reserve Price of INR 5,346,000.00 has been established, and interested bidders are required to submit an Earnest Money Deposit (EMD) of INR 534,600.00 to qualify. The deadline for application submission is February 19, 2025, at 05:00 PM. This e-auction will be seamlessly facilitated by BAANKNET, ensuring a transparent and secure bidding environment. New buyers are strongly encouraged to undertake comprehensive due diligence, including a physical inspection of the property and verification of all associated legal documentation, prior to the auction. For any clarifications or detailed information regarding the bidding procedure, interested parties should contact the Chief Manager at Canara Bank, ARM Branch-2, directly at 080-25310181.
Borrower Name:M/s Mallelia Infrastructure Private Limited
Auction Type:SARFAESI Auction
Contact Chief Manager, Canara Bank, ARM Branch-2-(080-25310181)