Land for auction Yashwantapur Bengaluru 1 Cr Canara Bank

Property for Auction in yashwantapur, Bengaluru, Karnataka

Recommendation
Strong BuyScore: 7.8
Possession
Physical
Size
1125 Square Feet
Reserve Price
1,29,15,000
Reserve Price
1,29,15,000
EMD Required
12,92,000
Property Specifications
Society/BuildingSUCHIRA VILLAS
Size1125 Square Feet
Unit No.11
Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
yashwantapur, Bengaluru
Auction Date IconAuction Date:
28-11-2025 01:00 PM

Auction Details

Recommendation:Strong BuyScore: 7.8

Auction ID:608629

Bank Name:Canara Bank

Branch Name:ARM Branch

Reserve Price:1,29,15,000

EMD:12,92,000

Auction Time:01:00 P.M to 03:00 P.M

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-27

Bid Start Date:2025-11-28

Property Description

This is a prime plot of land located in the well-connected Yashwanthpur area of Bengaluru, Karnataka. Ideal for residential development, this asset is being auctioned by Canara Bank under SARFAESI proceedings. The property offers a great investment opportunity in a rapidly developing urban locality, providing accessibility to essential services and infrastructure. The land parcel is situated in a sought-after region of Bengaluru, making it an attractive proposition for buyers looking to invest in real estate.

State:Karnataka

City:Bengaluru

Area:yashwantapur

Asset Category:Residential

Full Address:11, SUCHIRA VILLAS, Villa 18 Bearing of BBMP Khatha No. 11, Shettyhalli village, Yashwanthpura Hobli, Yashwantapur, Bengaluru

Building/Society:SUCHIRA VILLAS

Size:1125 Square Feet

Auction Description

Canara Bank is conducting a SARFAESI auction for a valuable parcel of land in Yashwanthpur, Bengaluru. The auction will take place on November 28, 2025, with bidding open from 01:00 PM to 03:00 PM. The reserve price for this residential land is ₹1,29,15,000, and the Earnest Money Deposit (EMD) required is ₹12,92,000. This is a significant opportunity to acquire property in a prime Bengaluru location directly from the bank. Interested parties are encouraged to review all auction terms and conditions before participating.

Borrower Name:Mr. Prakash S

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Vinay Raj G, M/s. J K Developers, Mr. S. Balaji

Legal Details

Possession Status:Physical

Encumbrance Details:Not to the knowledge of the Bank

Why This Property

The property's location in Yashwantapur, Bengaluru, and its potential for development, make it a strong investment. The reserve price is competitive, and the auction terms are favorable. This represents a good opportunity for investors looking for land in a developing area.

Contact Details

Branch:Branch Office : ARM Branch

Service Provider:BAANKNET

Contact Details:

Authorised Officer

Contact no:9113092975

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