Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610580
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹8,00,000
EMD:₹80,000
Bid Increment:₹1,00,000
Auction Time:01:00 PM to 03:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-08
Bid Start Date:2025-12-09
Property Description
This offering presents a prime parcel of non-agricultural land located in Dasarahalli, a developing area within Bengaluru, Karnataka. Suitable for residential development, this plot offers a canvas for investors and developers looking to capitalize on Bengaluru's growth. The property is being auctioned by Canara Bank under SARFAESI proceedings.
State:Karnataka
City:Bengaluru
Area:Dasarahalli
Asset Category:Residential
Full Address:57/1, Dasarahalli Village, KR Puram Hobli, Bangalore East Taluk, Bangalore, Dasarahalli, Bangalore
Size:11979 Square Feet
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable non-agricultural land parcel in Dasarahalli, Bengaluru. The auction, with a reserve price of INR 8,00,000 and an EMD of INR 80,000, will take place on December 9, 2025, between 1:00 PM and 3:00 PM. This is a unique opportunity to acquire a plot in a growing residential zone. The property is part of a SARFAESI action related to a loan granted to Mr. Anumula Bharat Kumar.
Borrower Name:Mr. Anumula Bharat Kumar
Auction Type:SARFAESI Auction
Guarantor Names:S/o Anumala Hari Prasad
Legal Details
Encumbrance Details:Not Known to the Bank
Why This Property
The property presents a reasonable opportunity given its location in Bengaluru and the combination of land and flat. The reserve price seems competitive, but potential buyers should conduct thorough due diligence. The 'Not Known to Bank' encumbrance status adds a layer of risk that requires careful evaluation.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:9113092975
