Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:608979
Bank Name:Canara Bank
Branch Name:ARM Branch Manipal
Reserve Price:₹49,50,000
EMD:₹4,95,000
Bid Increment:₹25,000
Auction Time:11:00AM to 12:00PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-13
Bid Start Date:2025-11-14
Property Description
Prime plot of land located in Shivalli, Udupi, Karnataka. This residential land offers a great opportunity for development or investment in a growing area. Situated in a well-connected locale, it provides convenient access to local amenities and transportation. Ideal for building your dream home or for a lucrative real estate venture.
State:Karnataka
City:Udupi
Area:Shivalli
Asset Category:Residential
Full Address:Sy No 328-7 (Old Sy No. 328-5), Shivally Village, Udupi Dist within Indrali Ward of Udupi City Muncipality with PID No 19-5-503-27D, Shivally, Udupi
Size:264.80 sq Mtrs
Auction Description
Canara Bank presents a SARFAESI auction for a valuable land parcel in Shivalli, Udupi. The auction will be held on November 14, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹49,50,000, with an EMD of ₹4,95,000. This is a unique chance to acquire property in Karnataka through a transparent bank auction process. Don't miss this opportunity.
Borrower Name:M/S Sri Gopalakrishna Traders
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ashwath S Nayak, Mrs P Akshatha Nayak, Mrs. Sheela Shashank Nayak
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not to the knowledge of the Bank
Why This Property
The property is a land in Udupi with a moderate reserve price. While the location may offer potential, further investigation into local market conditions is recommended before bidding. The auction terms are standard, making it a calculated opportunity for those familiar with the area.
Contact Details
Branch:Branch Office : ARM Branch Manipal
Service Provider:BAANKNET
Contact Details:
Authorised Officer Canara Bank
Contact no:0820-2575412
