Property for Auction in Mangalore Taluka, Dakshina Kannada, Karnataka
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:613087
Bank Name:Canara Bank
Branch Name:Moodabidri
Reserve Price:₹2,43,000
EMD:₹24,300
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Submission Date:2025-11-20
Bid Start Date:2025-11-21
This auction features a non-agricultural land parcel located in Mangalore Taluka, Dakshina Kannada, Karnataka. This residential asset, previously owned by Mr. Hasanabba, presents an opportunity for development or investment in a growing region. The property is being auctioned by Canara Bank under the SARFAESI Act. Situated in a desirable locale, this land offers potential for various uses. Further details on the exact location and dimensions will be available to interested bidders.
State:Karnataka
City:Dakshina Kannada
Area:Mangalore Taluka
Asset Category:Residential
Full Address:Kalabettu Village, Mangalore Taluk, Dakshina Kannada, Karnataka, Kalabettu Village, Mangalore
Size:0.06 A-C
Canara Bank is conducting a SARFAESI auction for a prime non-agricultural land parcel in Mangalore Taluka, Dakshina Kannada, Karnataka. The auction begins on November 21, 2025, at 11:30 AM and concludes at 12:30 PM on the same day. The reserve price is set at ₹2,430,000, with an Earnest Money Deposit (EMD) of ₹243,000 required to participate. This is a unique chance to acquire a valuable asset in a developing area. Interested parties are encouraged to review all auction terms and conditions provided by Canara Bank.
Borrower Name:Mr. Hasanabba
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Abdul Khadar
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is a non-agricultural land in a rural area, offered at a relatively low reserve price. While the location might not be prime, the price point and clear encumbrance status offer a calculated investment opportunity for those familiar with the local market. Further due diligence is advised.
Branch:Branch Office : Moodabidri
Service Provider:BAANKNET
Contact Details:
Deepankar Shrigyan
Contact no:0824-2863208