Property for Auction in Bhadravathi, Shivamogga, Karnataka
Auction ID:537253
Bank Name:Canara Bank
Branch Name:Regional Office : Shivamogga H O Bangalore
Reserve Price:₹57,00,000
EMD:₹5,70,000
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:30 AM
Discover a promising parcel of residential land situated in the well-connected Bhoothanagudi Area of Bhadravathi Town, Shivamogga District, Karnataka. This property, identified by Municipal Khata No. 410-412 and Assessment No. 2381, offers a substantial plot measuring 12.75 feet East-West and 90 feet North-South. Its strategic location benefits from proximity to essential amenities and the development potential inherent in the Shivamogga region. The land is conveniently bordered by a Krishna Rukmini Temple to the north, common walls to the south, and municipal roads on the east and west, ensuring accessibility. Located at Latitude 13.847957 and Longitude 75.705708, this property represents an excellent opportunity for real estate investment or development in a rapidly appreciating area. Prospective buyers should conduct thorough site visits and research local development plans to fully appreciate the value and potential of this land.
State:Karnataka
City:Shivamogga
Area:Bhadravathi
Asset Category:Residential
This SARFAESI auction, conducted by Canara Bank through service provider BAANKNET, presents a unique opportunity to acquire residential land in the growing city of Bhadravathi, Shivamogga District, Karnataka. The auction is scheduled to take place on July 31, 2025, with bidding open between 11:30 AM and 12:30 PM. A key requirement for participation is the submission of applications by 05:00 PM on July 30, 2025. The earnest money deposit (EMD) is set at ₹5,70,000, with a reserve price of ₹57,00,000, indicating the starting bid for this valuable plot. For direct inquiries and further details, interested parties can reach out to the contact number 8095819121. Potential buyers are encouraged to thoroughly review all auction documents and conduct their due diligence regarding the property and the auction process before submitting their bids.
Borrower Name:Smt. Vijayalakshmi
Auction Type:SARFAESI Auction
P No : 8095819121