Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611065
Bank Name:Canara Bank
Branch Name:ARM Manipal Branch
Reserve Price:₹52,00,000
EMD:₹5,20,000
Bid Increment:₹25,000
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 auction features a prime parcel of land located in Brahmavara, Udupi, Karnataka. Situated in a developing area, this residential land offers a significant opportunity for investment or development. The property is being auctioned by Canara Bank under SARFAESI provisions. Proximity to local amenities and transport links makes this a desirable plot for future construction. Detailed site inspection is recommended.
State:Karnataka
City:Udupi
Area:Brahmavara
Asset Category:Residential
Full Address:Sy. No. 109-5P-2, Korangrapady Village of Udupi Taluk & Dist, Korangrapady Village, Udupi
Size:45 cents
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable land property in Brahmavara, Udupi, Karnataka. The auction has a reserve price of ₹52,00,000 and requires an EMD of ₹5,20,000. The auction will take place on 20-11-2025, commencing at 11:00 AM and concluding at 12:00 PM. This is a direct opportunity to acquire land in a growing region. Interested bidders should review all auction terms and conditions prior to participation.
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
Encumbrance Details:Not Known to Bank
Why This Property
The land in Korangrapady Village offers a decent investment prospect due to its location in the Udupi district. While the reserve price is reasonable, prospective investors should carefully assess the local market conditions. The property's potential relies on future development in the area.
Contact Details
Branch:Branch Office : ARM Manipal Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer Canara Bank
Contact no:0820-2575412/9449862135/9598559920/8884738975
