Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611231
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 land parcel located in Chennapatna, Ramanagara, Karnataka. As a residential asset, this plot offers significant potential for development. Situated in a well-connected area, it presents an excellent opportunity for investors and builders looking to acquire property in a developing region. The land is being auctioned by Canara Bank.
State:Karnataka
City:Ramanagara
Area:Chennapatna
Asset Category:Residential
Full Address:303, Site no.303, formed in Sy No 124/2 Kaneshumari no 305/303 at Sunnaghatta village, Neelasandra grama panchayat, Kasabaa Hobli, Channapattana Taluk, Ramanagara District, Sunnaghatta, Ramanagara
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable land parcel in Chennapatna, Ramanagara, Karnataka. The auction has a reserve price of INR 43,00,000 and requires an EMD of INR 4,30,000. The auction will take place on November 25, 2025, starting at 01:00 PM and concluding at 03:00 PM. This is a unique opportunity to acquire a residential land asset through a transparent auction process.
Borrower Name:Ms. Aishwaryagiri Constructions Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:G.Jayaramaiah Sio Giriyappa, Mr.Shivakumar Sio Giriyappa
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in a developing area, offered at a moderate price point with standard auction terms. Its investment potential lies in future development possibilities and is recommended for investors willing to take a calculated risk.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized officer
Contact no:9113092975
