Property for Auction in Belthangadi, Mangalore, Karnataka
Auction ID:553568
Bank Name:Canara Bank
Branch Name:ARM Branch I,Bangalore
Reserve Price:₹92,37,000
EMD:₹9,24,000
Service Provider:BAANKNET
Submission Date:16-08-2025 05:00 PM
Bid Start Date:18-08-2025 10:30 AM
This commercial property is located in Belthangadi, Mangalore, Karnataka. It is being auctioned by Canara Bank due to loan default by the borrower, KOIEL BISCUIT AND SNACKS. The property falls under the commercial asset category and is suitable for various business ventures. Situated in a developing area, it offers potential for growth and investment.
State:Karnataka
City:Mangalore
Area:Belthangadi
Asset Category:Commercial
Canara Bank presents a SARFAESI auction for a commercial property in Belthangadi, Mangalore. The auction will take place on August 18, 2025, from 10:30 AM to 11:00 AM. The reserve price is ₹9,237,000 with an EMD of ₹924,000. This is an excellent opportunity to acquire a commercial asset in a key location.
Borrower Name:KOIEL BISCUIT AND SNACKS
Auction Type:SARFAESI Auction
Contact no:08025310066, 6381952519, 9483743156, 9414400177 and 9039609346