Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614715
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹49,00,000
EMD:₹4,90,000
Bid Increment:₹50
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 prime plot of land located in the rapidly developing Anekal region of Bengaluru, Karnataka. Perfect for residential development, this asset offers a significant investment opportunity in a sought-after area. The property is being auctioned by Canara Bank.
State:Karnataka
City:Bengaluru
Area:Anekal
Asset Category:Residential
Full Address:Plot No 52, 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 a 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 is ₹49,00,000, with an EMD of ₹4,90,000 required to participate. This is a fantastic opportunity to acquire valuable real estate directly from the bank.
Borrower Name:Mr. Indu Sekhar Raju Digala
Auction Type:SARFAESI Auction
Guarantor Names:Mr. D. Dhananjaya Raju
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to the knowledge of the Bank
Why This Property
The plot's location in a developing area of Bengaluru offers potential for appreciation. However, the relatively higher reserve price and under-construction status introduce an element of risk. Careful due diligence is advised before bidding.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9901642631
