Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611203
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
A valuable plot of land located in Chennapatna, Ramanagara, Karnataka. This residential land parcel offers a prime investment opportunity in a developing area. Ideal for construction of residential units or for future development. The property is being auctioned by Canara Bank under SARFAESI norms.
State:Karnataka
City:Ramanagara
Area:Chennapatna
Asset Category:Residential
Full Address:199, Plot No. 199, formed in Sy No 125/1,124/3 and 124/2 Kaneshurmari No.304/199 situated at Sunnaghatta Village, Neelasandra Grama panchayat, Kasaba Hobli, Channapattana Taluk, Ramanagara Dist, Sunnaghatta Village, Ramanagara
Size:2400 sq. ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land parcel in Chennapatna, Ramanagara, Karnataka. The auction will take place on 25-11-2025 between 01:00 PM and 03:00 PM. The reserve price is set at ₹43,00,000 with an Earnest Money Deposit (EMD) of ₹4,30,000. This is a significant opportunity to acquire property in Ramanagara district.
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 presents a calculated opportunity due to its location in Chennapatna and its relatively affordable reserve price. While the land type may limit immediate returns, its potential for future development warrants consideration. Auction terms are standard, suggesting a fair value assessment.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized officer
Contact no:9113092975
