Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611219
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹43,00,000
EMD:₹4,30,000
Bid Increment:₹50,000
Auction Time:01.00 PM to 03.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a prime residential plot located in Chennapatna, Ramanagara, Karnataka. Ideal for development, the plot offers a great opportunity in a developing area. It is being auctioned by Canara Bank under the SARFAESI Act. The property is situated in a well-connected locality, making it an attractive investment for those looking to build their dream home or a profitable venture.
State:Karnataka
City:Ramanagara
Area:Chennapatna
Asset Category:Residential
Full Address:296, Sy No 124/2 Kaneshumari no 305/296 situated at Sunnaghatta village, Neelasandra grama panchayat, Kasaba Hobli, Sunnaghatta, Chennapatna
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Chennapatna, Ramanagara, Karnataka. The auction will take place on November 25, 2025, from 01:00 PM to 03:00 PM. The reserve price for this property is ₹43,00,000, with an Earnest Money Deposit (EMD) of ₹4,30,000 required to participate. This is a significant opportunity to acquire a valuable asset from a reputable bank.
Borrower Name:Ms. Aishwaryagiri Constructions Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:G.Jayaramaiah Sio Giriyappa, Mr.Shivakumar Sio Giriyappa
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in a developing area with a relatively low reserve price. While the location may not be prime, the price point and the auction terms make it a calculated opportunity for potential investors. Further due diligence is recommended.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized officer
Contact no:9113092975
