Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:608989
Bank Name:Canara Bank
Branch Name:SPECIALISED ASSET RECOVERY MANAGEMENT BRANCH,
Reserve Price:₹20,95,000
EMD:₹2,10,000
Auction Time:11.30 am to 12.30 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-14
Bid Start Date:2025-11-15
Property Description
A valuable residential plot located in Chikkodi, Belagavi, Karnataka, offered by Canara Bank. This plot presents a prime investment opportunity in a developing area. Ideal for building a dream home or for future development. The property is being auctioned under the SARFAESI Act by Canara Bank.
State:Karnataka
City:Belagavi
Area:Chikkodi
Asset Category:Residential
Full Address:5, Rani Chennamma Textile Park Pvt Ltd, Plot no. 5, comprised in VPC No 535, new no. 535/1 (i.e 150400403900120017) comprising of NA land bearing R.S No 76 Hisa No 2, situated at Nej village, Nej village, Chikkodi
Building/Society:Rani Chennamma Textile Park Pvt Ltd
Size:343.73 Sq. mtrs.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Chikkodi, Belagavi, Karnataka. The auction will take place on November 15, 2025, from 11:30 AM to 12:30 PM. The reserve price is INR 2,095,000, with an Earnest Money Deposit (EMD) of INR 209,500 required. Don't miss this chance to acquire a plot in a promising location.
Borrower Name:Mr Sayyad Makbul Makandar
Auction Type:SARFAESI Auction
Guarantor Names:Mohammed Asad Sayyad Makandar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Chikkodi presents a calculated opportunity given its location and size. The reserve price appears reasonable; however, potential buyers should conduct thorough due diligence. Auction terms are standard, making it a viable consideration.
Contact Details
Branch:Branch Office : SPECIALISED ASSET RECOVERY MANAGEMENT BRANCH,
Service Provider:BAANKNET
Contact Details:
Contact no:9603917899
