Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611697
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹14,93,100
EMD:₹1,49,310
Auction Time:11.30AM to 12.30PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
A residential plot located in Karkala, Udupi, Karnataka. This property is being auctioned by Canara Bank under the SARFAESI Act. The plot is an ideal investment opportunity in a developing area.
State:Karnataka
City:Udupi
Area:Karkala
Asset Category:Residential
Full Address:Mathibettu of Varanga Village, Karkala Taluk, Mathibettu, Varanga Village, Karkala
Size:5 cents
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential plot in Karkala, Udupi, Karnataka. The auction will take place on November 19, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹14,93,100, with an EMD of ₹1,49,310. This is a great chance to acquire property directly from the bank.
Borrower Name:Mr. Manjunatha B
Auction Type:SARFAESI Auction
Guarantor Names:Mr Bhavesh Shetty
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a residential plot with a building in Karkala, offers potential but requires careful evaluation due to its location. The reserve price is reasonable, and the auction terms are standard. It's a 'Calculated Opportunity' for investors familiar with the local real estate market.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:9449860837
