Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:611212
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:24-11-2025 05:00 PM
Bid Start Date:2023-11-25
Property Description
Prime land parcel situated in Chennapatna, Ramanagara, Karnataka, ideal for residential development. This asset is being auctioned by Canara Bank under SARFAESI provisions, offering a significant opportunity for investors and developers in a growing region. The property boasts a strategic location within Chennapatna, known for its developing infrastructure and connectivity.
State:Karnataka
City:Ramanagara
Area:Chennapatna
Asset Category:Residential
Full Address:290, Plot No. 290, formed in Sy No 124/2 Kaneshumari No.305/290 situated at Sunnaghatta Village, Neelasandra Grama panchayat, Kasaba Hobli, Channapattana Taluk, Ramanagara Dist, Sunnaghatta Village, Chennapatna
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable land property 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 residential land is set at INR 43,00,000, with an Earnest Money Deposit (EMD) of INR 4,30,000 required to participate. This is a direct opportunity to acquire a property from a leading financial institution.
Borrower Name:Ms. Aishwaryagiri Constructions Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Ms. Aishwaryagiri Constructions Pvt Ltd, G.Jayaramaiah Slo Cross Stage 2nd Main, K.H.B. Colony, Mr. Shivakumar Slo G.Jayaramaiah Slo Cross, 2nd Main, K.H.B. Colony
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Chennapatna, a developing area of Ramanagara, and the reasonable reserve price make it an attractive investment. The land is suitable for various development projects. The symbolic possession status and potential encumbrances should be thoroughly investigated before bidding.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized officer
Contact no:080-25310181
