Land for auction 35 All that part and Parcel of the Land and, Channarayapatna, Mangalor...

Located in the accessible Tank Bund Road (Kere Beedi) area within the Channarayapatna town Municipality, this property offers a substantial land parcel of 744.64 sq m (approximately 0.08 guntas). Bearing the Khata No. 35 and PID No. 37-10-2, this residential asset represents a significant opportunity for development or personal use in the growing region of Mangalore, Karnataka. The property's strategic location within the municipality suggests potential for both residential and commercial ventures, subject to local regulations. Its designation as a 'Land And Building' indicates the presence of existing structures, which could be renovated or redeveloped to suit modern needs. The proximity to essential amenities and transport links within Channarayapatna adds to its appeal, making it an attractive prospect for first-time buyers seeking a foothold in the Karnataka property market through a bank auction.

This auction presents a valuable opportunity to acquire a Land and Building property in Channarayapatna, Mangalore, facilitated by Canara Bank under the SARFAESI Act. The auction is scheduled to commence on July 31, 2025, at 10:30 AM and will conclude at 11:30 AM on the same day. Prospective bidders must submit their applications by July 30, 2025, 05:00 PM. A key requirement for participation is the Earnest Money Deposit (EMD) of ₹13,99,500, which underscores the seriousness of the bidding process. The reserve price for this asset is set at ₹1,39,95,000. For further inquiries or clarification regarding the auction process or property details, interested parties can contact the provided numbers: 8075756955 or 0824-2440469. This is a chance to own a property through a transparent and regulated banking auction process, managed by service provider BAANKNET.