Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613898
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹9,50,000
EMD:₹95,000
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
Discover a prime residential plot in Raibag, Belagavi, Karnataka. This plot, part of a SARFAESI auction by Canara Bank, offers a fantastic opportunity for development in a growing area. Situated in the vibrant city of Belagavi, it promises excellent connectivity and potential for residential construction. Don't miss this chance to own a valuable piece of land in a sought-after location.
State:Karnataka
City:Belagavi
Area:Raibag
Asset Category:Residential
Full Address:1125/2/3, ATTAR GALLI RAIBHAG, Raibag, Belagavi
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Raibag, Belagavi, Karnataka. The auction opens with a reserve price of INR 9,50,000.00 and requires an Earnest Money Deposit (EMD) of INR 95,000.00. Bidding takes place on November 25, 2025, with the auction starting at 03:00 PM and closing at 04:00 PM. This is a unique opportunity to acquire property directly from the bank.
Borrower Name:Sadam Nizam Attar
Auction Type:SARFAESI Auction
Guarantor Names:Bandu Mohammad Jamadar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Raibag offers a reasonable opportunity given its location and price point. While the symbolic possession suggests potential challenges, the relatively low reserve price and EMD make it a calculated risk for investors familiar with the local market.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:Public Auction
Contact Details:
Contact no:9406880047
