Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:611205
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹64,00,000
EMD:₹6,40,000
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
A valuable plot of land situated in Chennapatna, Ramanagara, Karnataka. This prime real estate offers a significant investment opportunity in a developing area. Ideal for residential development, this land is being auctioned by Canara Bank under the SARFAESI Act. The property is located within the Ramanagara district, known for its growing infrastructure and connectivity.
State:Karnataka
City:Ramanagara
Area:Chennapatna
Asset Category:Residential
Full Address:201, Plot No. 201, formed in Sy No 125/1,124/3 and 124/2 Kaneshumari No.304/201 situated at Sunnaghatta Village, Neelasandra Grama panchayat, Kasaba Habli, Sunnaghatta Village, Chennapatna
Size:3600 sq. ft.
Auction Description
Canara Bank presents a SARFAESI auction for a prime plot of land in Chennapatna, Ramanagara, Karnataka. The auction will commence on November 25, 2025, at 01:00 PM and conclude at 03:00 PM on the same day. The reserve price is set at INR 64,00,000, with an Earnest Money Deposit (EMD) of INR 6,40,000 required. This is a unique opportunity to acquire land in a sought-after location. The borrower for this auction is Ms. Aishwaryagiri Constructions Pvt Ltd.
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 land parcel in Chennapatna presents a solid investment due to its strategic location and reasonable reserve price. With a 'Strong Buy' rating, the property's auction terms are favorable, and its potential for appreciation makes it a worthwhile investment.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9113092975
