Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611068
Bank Name:Canara Bank
Branch Name:ARM Manipal Branch
Reserve Price:₹43,15,000
EMD:₹4,31,500
Bid Increment:₹50,000
Auction Time:11.00AM to 12.00PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This is a bank auction of land located in Kundapura Taluk, Udupi, Karnataka. The property is categorized as residential land and is being auctioned under SARFAESI by Canara Bank. This is a prime opportunity to acquire land in a well-known area.
State:Karnataka
City:Udupi
Area:Kundapura Taluk
Asset Category:Residential
Full Address:Sy. No. 130/1P2 of Aloor Village, Kundapur Taluk, Udupi District, Aloor Village, Kundapura
Size:50.50 cents
Auction Description
Canara Bank is conducting an SARFAESI auction for a residential land parcel in Kundapura Taluk, Udupi, Karnataka. The auction will take place on 20-11-2025, from 11:00 AM to 12:00 PM. The reserve price for this property is INR 43,15,000, with an Earnest Money Deposit (EMD) of INR 4,31,500. This is a sealed bid auction.
Borrower Name:M/s Shree Sharada Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Sri Guruprasad Jois S/o Mahabala Jois, Smt Shanthamma W/o Mahabala Jois
Legal Details
Encumbrance Details:Not to the knowledge of the Bank
Why This Property
The property offers a decent opportunity due to its land size and location in Kundapura. The reserve price seems reasonable. However, further due diligence is needed to assess market value and encumbrances.
Contact Details
Branch:Branch Office : ARM Manipal Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer Canara Bank
Contact no:0820-2575412/9449862135/9598559920/8884738975
