Land for auction 13 ALL THAT PIECE AND PARCEL ON THE LAND AN Nittuvalli Davanagere by C...

This residential property, a Land and Building located in the Nittuvalli Division of Davanagere, Karnataka, offers a promising prospect for new property buyers. Situated at Site No 13, Door No 781/A, 1st Main, 3rd Cross, Lenin Nagara, it is strategically positioned with its eastern boundary adjacent to Site No 14 and western boundary bordering HV Shilpachar's property. Davanagere, known for its industrial and agricultural significance in Karnataka, provides a robust local economy and developing infrastructure, making Nittuvalli an area with potential for appreciation. The property is described as land with an existing or to-be-constructed building, offering flexibility for renovation or development according to the buyer's vision. This asset represents an accessible entry point into the property market through a secured auction process, managed by Canara Bank. The combination of its location, the type of asset, and the regulated auction framework makes it an attractive option for those looking to invest in Davanagere's real estate.

This SARFAESI auction, conducted by Canara Bank, presents a unique opportunity to acquire a Land and Building asset located in the Nittuvalli Division of Davanagere, Karnataka. The property is situated at Site No 13, Door No 781/A, 1st Main, 3rd Cross, Lenin Nagara, identified by its boundaries to the East by Site No 14 and to the West by HV Shilpachar's property. The auction is scheduled to commence on July 31, 2025, at 10:00 AM and will conclude at 12:30 PM on the same day. Prospective buyers are required to submit their applications by July 30, 2025, at 05:00 PM. The reserve price for this residential property is set at ₹11,10,000, with an Earnest Money Deposit (EMD) of ₹1,11,000. This event, managed by BAANKNET, offers a transparent process for acquiring property directly from the bank. For further inquiries, interested parties can reach out via the provided contact number: 97404 03964.