Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614019
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹49,00,000
EMD:₹4,90,000
Bid Increment:₹50,000
Auction Time:10:30 AM to 11:30 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-23
Bid Start Date:2025-11-24
Property Description
This is a residential plot located in Anekal, Bengaluru, Karnataka, offered by Canara Bank through a SARFAESI auction. The property is ideal for those looking to invest in land in a developing area of Bengaluru. Its location in Anekal provides a balance between tranquility and accessibility to city amenities.
State:Karnataka
City:Bengaluru
Area:Anekal
Asset Category:Residential
Full Address:51, MANAR PURE EARTH, Plot No 51, MANAR PURE EARTH, Sarjapura Village, Sarjapur Hobli, Anekal Taluk, Bengaluru Urban District - 562125, Sarjapura, Bengaluru
Building/Society:MANAR PURE EARTH
Size:1161.90 sq.ft
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential plot in Anekal, Bengaluru. The auction will take place on November 24, 2025, from 10:30 AM to 11:30 AM. The reserve price for this auction is ₹49,00,000, with an Earnest Money Deposit (EMD) of ₹4,90,000 required to participate. This is a significant opportunity to acquire property in Karnataka.
Borrower Name:Mr. Raja Pamidimukkala
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Paruchuri Sivanageswara Rao
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to the knowledge of the Bank.
Why This Property
The property is a residential plot in a developing area of Bengaluru. While the location has potential, the under-construction status and symbolic possession suggest some risk. The reserve price seems reasonable, making it a calculated opportunity for buyers with local market knowledge.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9901642631
