Property for Auction in Bengaluru, Bengaluru, Karnataka
Auction ID:540724
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE WEST : Bengaluru
Reserve Price:₹67,30,000
EMD:₹6,73,000
Service Provider:BAANKNET
Submission Date:16-08-2025 05:00 PM
Bid Start Date:18-08-2025 11:00 AM
Discover an excellent investment prospect in Bengaluru with this residential plot auction by Canara Bank. The property is strategically located at 11th Cross, Kumaraswamy Layout, 2nd Stage, a sought-after area in Bengaluru, Karnataka, renowned for its accessibility and developing infrastructure. The plot, measuring 600 square feet with dimensions of 20 feet by 30 feet, includes existing ground and first floors, presenting a versatile canvas for new homeowners or investors. Its position within BBMP Ward No 181 ensures connectivity to key city resources, educational institutions, and commercial hubs. This is an ideal opportunity for first-time buyers or seasoned investors looking to capitalize on Bengaluru's dynamic real estate market. The property, identified by PID No 55-332-3692, offers significant potential for capital appreciation and personal use. Further details regarding the property's condition and legal status should be verified through the sale notice and independent inspection.
State:Karnataka
City:Bengaluru
Area:Bengaluru
Asset Category:Residential
This SARFAESI auction presents a unique opportunity to acquire a residential plot located in the well-established Kumaraswamy Layout, 2nd Stage, Bengaluru. The property, identified by Property No 3692 and PID No 55-332-3692, spans 600 square feet with dimensions of 20 feet (East to West) by 30 feet (North to South). It comprises ground and first floors, offering potential for development or renovation. Situated in BBMP Ward No 181, the location benefits from proximity to essential amenities and the vibrant infrastructure of Bengaluru. The auction is being conducted by Canara Bank, with BAANKNET as the service provider. The reserve price is set at INR 67,30,000, with an Earnest Money Deposit (EMD) of INR 6,73,000. Aspiring buyers are encouraged to review all sale notices and conduct thorough due diligence before participating. The auction is scheduled to commence on August 18, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. Applications for participation must be submitted by August 16, 2025, 05:00 PM. For inquiries, please refer to the provided contact numbers.
Borrower Name:M/s Naya Industries
Auction Type:SARFAESI Auction
Contact Number: 9060837573/8152933513/9669142719