Plot for auction Vivek Nagar Raibag 8 lakh Canara Bank

Property for Auction in Raibag, Belagavi, Karnataka

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Reserve Price
8,00,000
Reserve Price
8,00,000
EMD Required
80,000
Property Specifications
Unit No.88
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Raibag, Belagavi
Auction Date IconAuction Date:
25-11-2025 03:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:613899

Bank Name:Canara Bank

Branch Name:Regional Office

Reserve Price:8,00,000

EMD:80,000

Auction Time:03.00 PM-04.00 PM

Service Provider:Public Auction

Important Dates

Submission Date:2025-11-24

Bid Start Date:2025-11-25

Property Description

This is a residential plot located in Raibag, Belagavi, Karnataka. The property is being auctioned by Canara Bank under the SARFAESI Act. It offers a great opportunity to acquire land in a developing area. Ideal for building a home or for investment purposes. Don't miss this chance to own a plot in Belagavi.

State:Karnataka

City:Belagavi

Area:Raibag

Asset Category:Residential

Full Address:88, TPC No 88, Vivek Nagar, KEB Road, Raibag, Raibag Taluk, Belagavi Dist, Vivek Nagar, Raibag

Auction Description

Canara Bank is conducting an online SARFAESI auction for a residential plot in Raibag, Belagavi, Karnataka. The auction will take place on November 25, 2025, from 03:00 PM to 04:00 PM. The reserve price for this property is ₹8,00,000, with an EMD of ₹80,000. This is a direct opportunity to bid on a valuable asset. All interested parties are encouraged to participate.

Borrower Name:Smt Sharada Virvayya Bhandari

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The plot in Raibag presents a moderate investment opportunity. The reserve price is relatively low, potentially attracting bidders. However, the limited information and symbolic possession status suggest the need for thorough due diligence before bidding.

Contact Details

Branch:Branch Office : Regional Office

Service Provider:Public Auction

Contact Details:

Contact no:9406880047

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