Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611201
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹9,72,44,000
EMD:₹97,24,400
Bid Increment:₹50,000
Auction Time:01.00 PM to 03.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2023-11-24
Bid Start Date:2023-11-25
Property Description
Prime agricultural land measuring 3.5 acres located in Chennapatna, Ramanagara district, Karnataka. This rectangular plot offers excellent potential for development or agricultural pursuits. Situated in a rapidly growing area, it benefits from good connectivity and infrastructure. The land is free from encumbrances and is being auctioned by Canara Bank.
State:Karnataka
City:Ramanagara
Area:Chennapatna
Asset Category:Residential
Full Address:191,199,200-202, 243,255,258, 286, 290-304, Sunnagatta Kasaba Hobli, Neelasandra, Chennapatna Taluk, Ramanagar Dist, Sunnagatta Kasaba Hobli, Neelasandra, Chennapatna
Auction Description
Canara Bank presents a SARFAESI auction for a prime land parcel in Chennapatna, Ramanagara, Karnataka. The auction will be conducted online on November 25, 2025, starting at 01:00 PM and concluding at 03:00 PM. The reserve price for this 3.5-acre plot is ₹9,72,44,000, with an Earnest Money Deposit (EMD) of ₹97,24,400. This is a significant opportunity to acquire valuable real estate in a developing region. Interested bidders are advised to review all auction terms and conditions on the bank's official portal.
Borrower Name:Ms. Aishwaryagiri Constructions Pvt Ltd
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land's location in Chennapatna, a developing area, offers potential. However, the high reserve price requires careful consideration. The symbolic possession status introduces some risk, necessitating due diligence before bidding.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:9113029275/8921102717/9206146154/9483544116/6708675503and080-25310181
