Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613867
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹4,78,43,000
EMD:₹47,84,300
Auction Time:10:30 AM to 11:30 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This auction features a prime plot of land located in the scenic Sakaleshpur region of Hassan, Karnataka. Ideal for residential development, this asset offers a unique opportunity to acquire valuable real estate in a growing area. The property is being auctioned by Canara Bank under the SARFAESI Act, presenting a clear title and a straightforward transaction process.
State:Karnataka
City:Hassan
Area:Sakaleshpur
Asset Category:Residential
Full Address:Hirimande Village, Hanbal Hobli, Sakleshpur Taluk, Hirimande Village, Hassan
Auction Description
Canara Bank is conducting a SARFAESI auction for a significant parcel of land in Sakaleshpur, Hassan. The auction will take place on November 25, 2025, from 10:30 AM to 11:30 AM. The reserve price is set at ₹4,78,43,000, with an Earnest Money Deposit (EMD) of ₹47,84,300 required to participate. This is a sealed bid auction opportunity for individuals or developers looking to invest in Karnataka's real estate market.
Borrower Name:Mr. Subraya BN
Auction Type:SARFAESI Auction
Guarantor Names:Mr. B S Anush, Mr. B S Akarsh
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Sakaleshpur offers potential for appreciation, but the auction terms require careful consideration. The relatively high reserve price and EMD demand thorough due diligence. This land is a calculated opportunity for investors familiar with the local market.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:0824-2440469
