Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610489
Bank Name:Canara Bank
Branch Name:ARM - II Branch
Reserve Price:₹1,10,12,000
EMD:₹11,01,200
Auction Time:01:00 PM to 03:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
This is a prime land parcel located in Doddaballapura, a rapidly developing area of Bengaluru, Karnataka. The property is being auctioned by Canara Bank under SARFAESI regulations. Ideal for residential development, this land offers significant potential in a sought-after location. Situated in a growing region, it presents a valuable investment opportunity.
State:Karnataka
City:Bengaluru
Area:Doddaballapura
Asset Category:Residential
Full Address:7-2-501-21/2, Property No.7-2-501-21/2,Old Khata No.848/1392/1179 earlier portion of No 1392/1179, situated at Durgapura Village, 7th division, Durgapura Village, Doddaballapura
Size:8237.08 Sq.ft
Auction Description
Canara Bank is conducting a SARFAESI auction for a land property in Doddaballapura, Bengaluru. The auction begins on November 19, 2025, at 11:00 AM and concludes at 4:00 PM on the same day. The reserve price for this residential land is ₹1,10,12,000, with an EMD of ₹11,01,200. Don't miss this opportunity to acquire a valuable asset.
Borrower Name:M/s Shri Balaji Agro Industries
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Pradeep V S/o Sri Venkateshwaran RL, Smt.Gayathri G D/o Sri Venkateshwaran RL, Sri. Achut K B S/o Keshava Bhat Kumble, Smt. Rani V W/o Sri Venkateshwaran RL, Smt. Nirmala R D/o Sri Venkateshwaran RL
Legal Details
Possession Status:Physical
Encumbrance Details:Not to the knowledge of the Bank.
Why This Property
The property is a land parcel in Doddaballapura, a developing area near Bengaluru, making it a calculated opportunity. The reserve price seems reasonable, but thorough due diligence is necessary to assess the current market value and potential return on investment. Auction terms and encumbrance status should be carefully reviewed before bidding.
Contact Details
Branch:Branch Office : ARM - II Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:9113092975/8921102717/7561062889/9201460154/9483544116/8709675503/080-25310181
