Property for Auction in Sugatur Hobli, Kolar, Karnataka
Auction ID:559887
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹7,50,000
EMD:₹75,000
Service Provider:BAANKNET
Submission Date:26-08-2025 05:00 PM
Bid Start Date:29-08-2025 11:00 AM
This offering is for a parcel of land located in Sugatur Hobli, Kolar, Karnataka. Classified as a residential asset, the land is being auctioned by Canara Bank. The property's specific dimensions, boundaries, and access details should be verified by prospective bidders. Sugatur Hobli is an area within Kolar known for its potential growth. The land is available for acquisition through a SARFAESI auction process. It represents an opportunity for investment or development in the real estate sector of Kolar.
State:Karnataka
City:Kolar
Area:Sugatur Hobli
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a residential land parcel in Sugatur Hobli, Kolar, Karnataka. This is a valuable opportunity to acquire land in a developing area. The auction will be conducted online on August 29, 2025, with bidding open from 11:00 AM to 12:00 PM. The reserve price is set at ₹7,50,000, with an Earnest Money Deposit (EMD) of ₹75,000 required to participate. This auction is part of a legal process under SARFAESI Act, concerning the property mortgaged by borrower Venkata Chala S E. Interested bidders are advised to review all auction terms and conditions and conduct their own due diligence on the property.
Borrower Name:Venkata Chala S E
Auction Type:SARFAESI Auction
Contact Kolar Main Branch, M: 9141088622