Non-Agricultural Land for auction Athikaribettu Village Mangalore 13 lakh Canara

Property for Auction in Mangalore Taluka, Dakshina Kannada, Karnataka

Recommendation
Calculated OpportunityScore: 6.8
Possession
Constructive
Size
0-11.02 A-C
Reserve Price
12,60,000
Reserve Price
12,60,000
EMD Required
1,26,000
Property Specifications
Size0-11.02 A-C
Possession StatusConstructive
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Non- Agricultural Land
Location IconLocation:
Mangalore Taluka, Dakshina Kannada
Auction Date IconAuction Date:
21-11-2025 11:30 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:613083

Bank Name:Canara Bank

Branch Name:Regional Office

Reserve Price:12,60,000

EMD:1,26,000

Auction Time:11:30 AM to 12:30 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-20

Bid Start Date:2025-11-21

Property Description

A prime plot of Non-Agricultural Land located in Mangalore Taluka, Dakshina Kannada, Karnataka. This residential asset is being auctioned by Canara Bank under the SARFAESI Act. The property offers a significant opportunity for development in a desirable region. The land is situated in an area known for its growth potential, making it an attractive investment for builders and individuals seeking to establish a residence or commercial venture. Its classification as non-agricultural land provides flexibility for various construction purposes. The surrounding locality offers essential amenities and connectivity, further enhancing its appeal.

State:Karnataka

City:Dakshina Kannada

Area:Mangalore Taluka

Asset Category:Residential

Full Address:Athikaribettu Village of Mangalore Taluk, Athikaribettu Village, Mangalore

Size:0-11.02 A-C

Auction Description

Canara Bank presents a SARFAESI auction for a Non-Agricultural Land in Mangalore Taluka, Dakshina Kannada, Karnataka. The auction is scheduled for November 21, 2025, commencing at 11:30 AM and concluding at 12:30 PM. The reserve price for this valuable asset is ₹12,60,000, with an Earnest Money Deposit (EMD) of ₹1,26,000 required to participate. This is a unique opportunity to acquire a property in a developing area under the provisions of the SARFAESI Act. Interested bidders are advised to review all auction terms and conditions provided by Canara Bank before participating. Don't miss this chance to bid on a promising piece of real estate.

Borrower Name:Mr. M. Vittal Pai

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Constructive

Encumbrance Details:Not Known to Bank

Why This Property

The land in Athikaribettu presents a reasonable investment, but requires due diligence on local market conditions and future development potential. The reserve price seems fair, making it a calculated opportunity for those familiar with the region. Overall location is good and price is affordable.

Contact Details

Branch:Branch Office : Regional Office

Service Provider:BAANKNET

Contact Details:

Deepankar Shrigyan

Contact no:0824-2863208

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