Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614036
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:Public Auction
Important Dates
Submission Date:2025-11-23
Bid Start Date:2025-11-24
Property Description
A prime residential plot located in Anekal, Bengaluru, Karnataka, offered for auction by Canara Bank. This valuable asset presents an excellent opportunity for development or investment in a rapidly growing area. The plot is situated in a well-connected region with access to essential amenities.
State:Karnataka
City:Bengaluru
Area:Anekal
Asset Category:Residential
Full Address: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 presents a SARFAESI auction for a residential plot in Anekal, Bengaluru. The auction will be held online on November 24, 2025, from 10:30 AM to 11:30 AM. The reserve price is INR 49,00,000, with an Earnest Money Deposit (EMD) of INR 4,90,000 required to participate. This is a unique chance to acquire property directly from the bank.
Borrower Name:Mr. Raja Pamidimukkala
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Paruchuri Sivanageswara Rao
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not to the knowledge of the Bank
Why This Property
The property presents a decent opportunity due to its location in a developing area of Bengaluru and potential for residential development. However, the under-construction status and symbolic possession warrant a calculated approach. The reserve price and auction terms should be carefully evaluated against comparable properties in the area.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:Public Auction
Contact Details:
Contact no:9901642631
