Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611142
Bank Name:Canara Bank
Branch Name:SPECIALISED ASSET RECOVERY MANAGEMENT BRANCH,
Reserve Price:₹6,65,00,000
EMD:₹66,50,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
This is a prime land parcel located in Karatagi, Koppal, Karnataka, offered by Canara Bank through a SARFAESI auction. The property is categorized as residential land. It presents a significant investment opportunity in a developing area.
State:Karnataka
City:Koppal
Area:Karatagi,
Asset Category:Residential
Full Address:61,62,63,64,65,66,67,68,69,70,71,72,73,74,75,76,77,78,79,80,81, Sy No: 433/A and 443 of Karatagi Village, Dist. Koppal, Karatagi, Koppal
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land property in Karatagi, Koppal, Karnataka. The auction will take place on November 21, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹6,65,00,000, with an Earnest Money Deposit (EMD) of ₹66,50,000 required to participate. This auction is a valuable chance to acquire a substantial land asset.
Borrower Name:M/s Sri Adhishakthi Textiles
Auction Type:SARFAESI Auction
Guarantor Names:Sri Umesha S/o Sri Hire Bhimanna, M/s Sri Lakshmi Textiles, Sri CH Subba Rao S/o Sri Venkateswarlu, Smt. CH Laxmirajyam W/o Sri CH Subba Rao, Sri K Ravi Kumar S/o Late Sri K Viswanath, Smt. K Padmavathi W/o Sri K Ravi Kumar, Sri N Deviprasad S/o Sri N Sathyanarayana, Smt. Bhuvaneswari Nayak W/o Sri Shivareddy Nayak, Sri Shiva Kumar S/o Sanna Bhimmanna, Sri Sharanappa S/o Lachamappa, Pooja D/o Sri Shiva Reddy Nayak, Sri Shiva Reddy Nayak S/o Bhagavanthappa Nayak
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is land in a developing locality, presenting a calculated opportunity. The reserve price is substantial, so thorough due diligence is recommended. The location in Karatagi, Koppal, suggests moderate investment potential.
Contact Details
Branch:Branch Office : SPECIALISED ASSET RECOVERY MANAGEMENT BRANCH,
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:9603917899/9663800001/7903600526/9480696809
