Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609939
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹14,00,000
EMD:₹1,40,000
Auction Time:10:30 a.m. to 11:30 a.m.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
This auction features a prime plot of Non-Agricultural Land located in Bantwal, Dakshina Kannada, Karnataka. Situated in a developing area, this residential plot offers excellent potential for construction. The property is being auctioned by Canara Bank under the SARFAESI Act. It presents a great opportunity for investors or individuals looking to build their dream home or a commercial establishment in a growing region.
State:Karnataka
City:Dakshina Kannada
Area:bantwal
Asset Category:Residential
Full Address:R Sy no. 28/14 (old Sy no. 28/2) and R Sy no. 28/15 (old Sy no. 28/2), Sajipa Mooda Village, Bantwal
Size:0.10 cents
Auction Description
Canara Bank presents a SARFAESI auction for a Non-Agricultural Land parcel in Bantwal, Dakshina Kannada, Karnataka. The auction has a reserve price of ₹14,00,000 and an Earnest Money Deposit (EMD) of ₹1,40,000. Bidding will commence on November 19, 2025, at 10:30 AM and conclude on the same day at 11:30 AM. This is a unique chance to acquire a valuable asset from a reputable bank. Interested parties are encouraged to review all auction terms and conditions before participating.
Borrower Name:M/s. Swadishta Masala Products
Auction Type:SARFAESI Auction
Guarantor Names:Sri. S Rajendra
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is a non-agricultural land in a developing location, offering potential for future appreciation. The reserve price is relatively reasonable, but due diligence regarding local market conditions and encumbrances is crucial. This presents a calculated opportunity for investors familiar with the region.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Mr. Vaman Naik B
Contact no:7975987922
