Property for Auction in yashwantapur, Bengaluru, Karnataka
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
Submission Date:2025-11-27
Bid Start Date:2025-11-28
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
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
Possession Status:Physical
Encumbrance Details:Not to the knowledge of the Bank
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.
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:9113092975