Property for Auction in Chennapatna, Ramanagara, Karnataka
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611218
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
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Prime plot of land located in Chennapatna, Ramanagara, Karnataka, offered for auction by Canara Bank. This residential plot presents a fantastic investment opportunity in a developing area. The property is ideal for constructing a home or for future development. Situated in a well-connected region, it benefits from the growing infrastructure of Ramanagara. Don't miss this chance to own a valuable piece of real estate.
State:Karnataka
City:Ramanagara
Area:Chennapatna
Asset Category:Residential
Full Address:295, Sy No 124/2 Kaneshumari no 305/295 at Sunnaghatta village, Neelasandra grama panchayat, Kasaba Hobli, Sunnaghatta, Ramanagara
Size:2400 sq. ft.
Canara Bank presents a SARFAESI auction for a residential plot in Chennapatna, Ramanagara, Karnataka. The auction begins on November 25, 2025, at 01:00 PM and concludes at 03:00 PM on the same day. The reserve price is set at ₹43,00,000, with an Earnest Money Deposit (EMD) of ₹4,30,000 required. This is a unique opportunity to acquire property directly from the bank under SARFAESI proceedings. Interested bidders should review all auction terms and conditions prior to participating.
Borrower Name:Ms. Aishwaryagiri Constructions Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:G.Jayaramaiah Sio Giriyappa, Mr.Shivakumar Sio Giriyappa
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property, a plot in Chennapatna, presents a calculated opportunity due to its location and reserve price. While not a prime investment, the price point and potential for future development in the Ramanagara district make it a worthwhile consideration. Auction terms are standard, and further due diligence is recommended.
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized officer
Contact no:9113092975