Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611063
Bank Name:Canara Bank
Branch Name:ARM Manipal Branch
Reserve Price:₹20,50,000
EMD:₹2,05,000
Bid Increment:₹10,000
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 prime plot of land located in Brahmavara, Udupi, Karnataka. The property is being auctioned by Canara Bank under the SARFAESI Act. It is a residential asset, offering a great opportunity for development or investment in a growing area. The land is situated in a well-connected locality within Udupi.
State:Karnataka
City:Udupi
Area:Brahmavara
Asset Category:Residential
Full Address:33/11P3, Sy No 33/11P3, 52 Heroor Village, Chanthar Gram Panchayath, Brahmavara, Udupi District, Brahmavara, Udupi
Size:1840.00 Sq ft
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable plot of land in Brahmavara, Udupi, Karnataka. The auction will take place on November 20, 2025, starting at 11:00 AM and concluding at 12:00 PM. The reserve price for this residential land is ₹2,050,000, with an Earnest Money Deposit (EMD) of ₹205,000 required to participate. This is a unique chance to acquire property in a sought-after region.
Borrower Name:M/s. Darpana Tuff Solutions
Auction Type:SARFAESI Auction
Guarantor Names:Sri Anand Bhat, Smt. Ramya Kishore, Dr. V Ashok Kumar, Sri Vishnu Prasad, Sri Anant Shet, Smt. Bhagyashree Acharya, Mr. Sadananda Poojary
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a mix of land and residential space in a developing area. The reserve price seems reasonable, but potential buyers should assess the building's condition and local market trends before bidding. Given these factors, it's a calculated opportunity.
Contact Details
Branch:Branch Office : ARM Manipal Branch
Service Provider:BAANKNET
Contact Details:
Contact no:0820-2575412
