Property for Auction in Nipani, Belagavi, Karnataka
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613894
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹33,00,000
EMD:₹3,30,000
Auction Time:03.00 PM-04.00 PM
Service Provider:Public Auction
Submission Date:2025-11-24
Bid Start Date:2025-11-25
This is a residential plot located in Nipani, Belagavi, Karnataka. It is being auctioned by Canara Bank under the SARFAESI Act. The property was previously owned by Sri Shailendrasing M Rajaput.
State:Karnataka
City:Belagavi
Area:Nipani
Asset Category:Residential
Full Address:710/2, Plot No. 710/2 At Post Soudalaga, Nipani, Belagavi
Canara Bank is holding a SARFAESI auction for a residential plot in Nipani, Belagavi, Karnataka. The auction will take place on November 25, 2025, from 3:00 PM to 4:00 PM. The reserve price for this plot is ₹3,300,000, with an Earnest Money Deposit (EMD) of ₹330,000 required to participate.
Borrower Name:Sri Shailendrasing M Rajaput
Auction Type:SARFAESI Auction
Guarantor Names:Smt Poonam S Rajput
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The plot in Nipani presents a decent opportunity due to its location and clear boundaries. The reserve price is reasonable, but potential investors should conduct thorough due diligence regarding local market conditions. This property warrants a 'Calculated Opportunity' rating, advising cautious assessment before bidding.
Branch:Branch Office : Regional Office
Service Provider:Public Auction
Contact Details:
Contact no:9406880047