Land for auction Bapuji Nagara Shivamogga 15 lakh Canara Bank

Property for Auction in Bapuji Nagara, Shivamogga, Karnataka

Recommendation
Calculated OpportunityScore: 6.5
Size
400 sq feet
Reserve Price
15,00,000
Reserve Price
15,00,000
EMD Required
1,50,000
Property Specifications
Size400 sq feet
Unit No.247
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Bapuji Nagara, Shivamogga
Auction Date IconAuction Date:
20-11-2025 11:30 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:611587

Bank Name:Canara Bank

Branch Name:Head Office - Bengaluru

Reserve Price:15,00,000

EMD:1,50,000

Auction Time:11:30 to 12:30

Service Provider:BAANKNET

Important Dates

Submission Date:19-11-2025 05:00 PM

Bid Start Date:2023-11-28

Property Description

A prime plot of land located in the well-developed Bapuji Nagara area of Shivamogga, Karnataka. This residential land offers a great opportunity for development. Situated in a sought-after locality, it promises excellent connectivity and access to essential amenities. Ideal for individuals or investors looking to build their dream home or undertake a real estate project in a growing city. Don't miss this chance to acquire a valuable asset in Shivamogga.

State:Karnataka

City:Shivamogga

Area:Bapuji Nagara

Asset Category:Residential

Full Address:247, Site No 247, Khatha No 254/1-254/1/3126/10, PID No 162054, Ward No 11, Bapuji Nagar, Bapuji Nagara, Shivamogga

Size:400 sq feet

Auction Description

Canara Bank presents a SARFAESI auction for a residential land parcel in Bapuji Nagara, Shivamogga. The auction will commence on November 20, 2025, at 11:30 AM and conclude at 12:30 PM. The reserve price for this valuable plot is ₹15,00,000, with an Earnest Money Deposit (EMD) of ₹1,50,000. This is a significant opportunity to purchase land through a transparent banking auction process. Secure your bid for this promising property.

Borrower Name:Sri K Ramu

Auction Type:SARFAESI Auction

Guarantor Names:Sri Anandakumar

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

The land in Bapuji Nagara, Shivamogga, offers a decent investment opportunity at the given reserve price. However, potential investors should carefully evaluate the location and conduct due diligence before participating in the auction. The auction terms are standard, and the property's relatively small size may limit development options.

Contact Details

Branch:Branch Office : Head Office - Bengaluru

Service Provider:BAANKNET

Contact Details:

Not specified

Contact no: —

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