Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613088
Bank Name:Canara Bank
Branch Name:Kulai Branch
Reserve Price:₹21,87,000
EMD:₹2,18,700
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
A prime residential plot located in the Mangalore Taluka of Dakshina Kannada district, Karnataka. This asset is part of a SARFAESI auction conducted by Canara Bank, offering a great opportunity for real estate investment or development. The property is situated in a well-connected area, making it an attractive proposition for future homeowners or builders.
State:Karnataka
City:Dakshina Kannada
Area:Mangalore Taluka
Asset Category:Residential
Full Address:49, No. 49 Surathkal Village, Surathkal, Mangalore
Size:10 Cents
Auction Description
Canara Bank is pleased to announce a SARFAESI auction for a residential plot in Mangalore Taluka, Dakshina Kannada, Karnataka. The auction will commence on November 21, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this property is ₹21,87,000, with an EMD of ₹2,18,700 required to participate. This is a unique chance to acquire a valuable plot of land.
Borrower Name:Mr. Anil K
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot's location in Mangalore and relatively low reserve price present a calculated investment opportunity. However, the lack of detailed site information and the symbolic possession status introduce some risk. Further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Kulai Branch
Service Provider:BAANKNET
Contact Details:
Deepankar Shrigyan
Contact no:0824-2863208
