Property for Auction in Kudligere, Bengaluru, Karnataka
Auction ID:537259
Bank Name:Canara Bank
Branch Name:Regional Office : Shivamogga H O Bangalore
Reserve Price:₹22,00,000
EMD:₹2,20,000
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:30 AM
This offering comprises a residential land and building with a measurement of 89.19 square meters (East-West: 9.756 meters, North-South: 32.004 meters, totaling 312.15 square meters). Located in Basalikatte Village, within the Attigunda Grama Panchayath of Kudligere Hobli, Bhadaravathi Taluk, Bengaluru, this property holds potential for various residential uses. The property boundaries are clearly defined: East by the property of Roopa, West by the property of Kokila, North by a canal space, and South by a road, suggesting good accessibility. With a Grama Panchayat property number of 254 and e-Swathu number 152400101500300347, the property has official recognition. The location in Kudligere, part of the expanding Bengaluru region, offers a blend of tranquil living with potential access to urban amenities as the area develops. For new buyers, this property represents an opportunity to invest in the Bengaluru real estate market, with the potential to renovate or develop the existing structure or land.
State:Karnataka
City:Bengaluru
Area:Kudligere
Asset Category:Residential
This SARFAESI auction, conducted by Canara Bank via service provider BAANKNET, presents a unique opportunity to acquire a residential land and building in Kudligere, Bengaluru. The auction is scheduled for July 31, 2025, with bidding open between 11:30 AM and 12:30 PM. Prospective buyers are required to submit their applications by 5:00 PM on July 30, 2025. A crucial aspect for new buyers to understand is the Earnest Money Deposit (EMD) of INR 220,000, which signifies a bidder's commitment. The reserve price for this property is set at INR 2,200,000. It's important to note that this is an "as is, where is" sale, meaning the property is sold in its current condition, and buyers should conduct thorough due diligence regarding legal status, encumbrances, and physical condition before participating. The auction process is online, offering accessibility to a wider range of interested parties.
Borrower Name:M/s R K Traders
Auction Type:SARFAESI Auction
P No : 8095819121