Land for auction 202 East by Basapura Villa, Begur, Bengaluru by Canara

Prospective homeowners and astute investors are presented with a remarkable opportunity to acquire a substantial residential site in the burgeoning Begur locale of Bengaluru, offered via Canara Bank. This prime parcel, designated Site No. 202 and originally part of converted Sy. No. 113, boasts impressive dimensions of 120 feet East to West and 60 feet North to South, providing a generous footprint for diverse development aspirations. Situated strategically within BBMP Ward No. 192, Begur, the property benefits immensely from its location in a rapidly appreciating southern corridor of Bengaluru. Its proximity to essential civic amenities, educational institutions, and emerging commercial hubs ensures a blend of convenience and growth potential. The sizeable plot offers a rare chance to design and construct a bespoke residence tailored to individual preferences, promising both a desirable living environment and a sound long-term investment in a dynamic urban landscape.

This SARFAESI auction by Canara Bank presents a clear and regulated pathway for new property buyers to acquire a valuable residential land parcel in Begur, Bengaluru. The property is offered at a competitive Reserve Price of Rs. 64,15,000. To participate, bidders must submit an Earnest Money Deposit (EMD) of Rs. 6,41,500, which serves as a standard qualification measure, demonstrating serious intent. The e-auction is scheduled for February 20, 2025, from 02:30 PM to 03:00 PM. Crucially, all applications must be submitted by February 19, 2025, 05:00 PM. For detailed information, procedural clarification, and assistance, prospective bidders are strongly advised to contact the Chief Manager at Canara Bank, ARM Branch-II, Bengaluru, at 080-25310181. Conducted via the service provider BAANKNET, this auction ensures a structured and secure bidding environment. Thorough pre-bid due diligence, including legal and physical verification of the property, is highly recommended for all interested parties.