Property for Auction in Pavoor Village, Mangalore, Karnataka
Auction ID:537859
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹12,00,000
EMD:₹1,20,000
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 10:30 AM
This offering features 30 cents of valuable non-agricultural converted land located in Pavoor Village, part of the Mangaluru Taluk in the Dakshina Kannada district of Karnataka. The property encompasses a residential house, identified by D No 2-122, situated on R S No. 29/2 B. Pavoor Village provides a tranquil setting while being strategically positioned within reach of Mangalore's urban amenities, business centers, and educational institutions. This makes it an attractive prospect for those seeking a blend of peaceful living with convenient access to city life. The land's non-agricultural status and its inclusion of a dwelling unit present versatile opportunities, whether for immediate residential use, future development, or investment purposes. The location in Karnataka, a state known for its economic growth and development, further enhances the long-term potential of this property. For prospective buyers, this represents a chance to invest in a tangible asset in a developing region.
State:Karnataka
City:Mangalore
Area:Pavoor Village
Asset Category:Residential
This SARFAESI auction presents a compelling opportunity to acquire 30 cents of non-agricultural converted land in the serene Pavoor Village, Mangalore, Karnataka. The property includes a residential house, offering immediate utility or the potential for renovation and expansion. Situated in a developing area, Pavoor Village benefits from the growing infrastructure and economic activity of the wider Mangalore region. As a bank auction, this is a chance to purchase a property directly from Canara Bank at a competitive reserve price of INR 12,00,000. Bidders are required to submit their applications by July 30, 2025, 5:00 PM. The auction will take place on July 31, 2025, between 10:30 AM and 11:30 AM. A crucial component for participation is the Earnest Money Deposit (EMD) of INR 1,20,000. For further inquiries, potential buyers can contact 7046612345, 6354910172, or 8291220220. This auction is managed by BAANKNET.
Borrower Name:M/s Garuda Logistics & Trading Co
Auction Type:SARFAESI Auction
Contact No. 7046612345/6354910172/ 8291220220