Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613891
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹16,50,000
EMD:₹1,65,000
Auction Time:03.00 PM - 04.00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a residential plot located in Gokak, Belagavi, Karnataka. The property is being auctioned by Canara Bank under the SARFAESI Act. The plot offers a great opportunity for residential development in a developing area. It is a valuable asset for investors looking for land in the Belagavi region.
State:Karnataka
City:Belagavi
Area:Gokak
Asset Category:Residential
Full Address:37, PLOT NO 37, R SY NO 138/5 AT GANDHI NAGAR NEAR KAREMMA TEMPLE AT APMC ROAD, Gandhi Nagar, Gokak
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Gokak, Belagavi, Karnataka. The auction has a reserve price of INR 16,50,000 and requires an EMD of INR 1,65,000. The bidding will take place online on November 25, 2025, between 03:00 PM and 04:00 PM. This is a prime opportunity to acquire a plot of land in a key location.
Borrower Name:Shri Shalini Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Santosh Manohar Mavarkar, Bharathi Santosh Mavarkar
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in a developing area with a moderate reserve price. While the location offers potential, the constructive possession status and limited details on dimensions require careful consideration. This is a calculated opportunity for those familiar with the local market.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:Public Auction
Contact Details:
Contact no:9406880047
