Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613896
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹6,25,000
EMD:₹62,500
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 Raibag, Belagavi, Karnataka. The property is being auctioned by Canara Bank under SARFAESI Act. The plot offers a great opportunity for residential development in a well-connected area. Ideal for builders or individuals looking to construct their dream home.
State:Karnataka
City:Belagavi
Area:Raibag
Asset Category:Residential
Full Address:GPC No 546 At post Bhiradi, Tq Raibag, Raibag, Belagavi
Size:12'11 X 38 ft
Auction Description
Canara Bank is holding a SARFAESI auction for a residential plot in Raibag, Belagavi, Karnataka. The auction will take place on November 25, 2025, from 3:00 PM to 4:00 PM. The reserve price is INR 6,25,000, with an Earnest Money Deposit (EMD) of INR 62,500. This is a timely opportunity to acquire a valuable plot of land.
Borrower Name:Mr Ramachandra Bhima Shiragave
Auction Type:SARFAESI Auction
Guarantor Names:Raghavendra Dadaji Kulkarni, Mr. Shiragave Shivappa Ramu
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in Raibag, Belagavi, offered at a reasonable reserve price. While it's a symbolic possession, the location and price point present a calculated opportunity for potential buyers. Further due diligence is recommended to assess the investment viability.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:Public Auction
Contact Details:
Contact no:9406880047
