Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609488
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹24,47,000
EMD:₹2,44,700
Auction Time:10:00 AM to 12:30 PM
Service Provider:ebkray
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
This auction features plant and machinery located in Davanagere, Karnataka, belonging to M/S BASAVESHWARA MAIZE GRIT INDUSTRY. The assets are categorized as scrap, plant, and machinery, presenting an opportunity for scrap or machinery buyers. The auction is conducted by Canara Bank under SARFAESI regulations.
State:Karnataka
City:Davanagere
Area:davanagere
Asset Category:Scrap, Plant & Machinery
Full Address:Sy. No. 37/5, KARILAKKENAHALLI VILLAGE, HONNUR POST, NEAR NH4, DAVANAGERE TALUKU, DAVANAGERE DISTRICT-577 556, KARILAKKENAHALLI VILLAGE, Davanagere
Auction Description
Canara Bank is holding a SARFAESI auction for scrap, plant, and machinery in Davanagere, Karnataka. The auction will take place on November 19, 2025, starting at 10:00 AM and concluding at 12:30 PM. The reserve price for this auction is ₹24,47,000.00, with an EMD of ₹2,44,700.00 required to participate.
Borrower Name:M/S BASAVESHWARA MAIZE GRIT INDUSTRY
Auction Type:SARFAESI Auction
Guarantor Names:Mr. SHIVASHANKAR B PATIL, Mr. SHIVASHANKAR B PATIL (Prop and Guarantor) S/O BC PATIL (BHARAMAGOUDA CHANNABASAVANAGOUDA PATIL)
Legal Details
Possession Status:Symbolic
Encumbrance Details:There are no encumbrances to the knowledge of the Bank.
Why This Property
The movable machinary auction in Davanagere presents a calculated opportunity. The reserve price appears reasonable. Interested parties should thoroughly inspect the property.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:ebkray
Contact Details:
Contact no:9960150664
