480 sq meter Factory for Auction in Chikodi, Belagavi – Canara

Property Details

Property type

Factory (Industrial)

Possession

Symbolic Possession

Area

480 sq meter (≈ 5,166 sq ft)

Reserve price / sq ft

₹1,105

Locality

Chikodi

City

Belagavi

State

Karnataka

Pincode

591201

Address

Chikodi, Karnataka, 591201 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SADALGA-10507

Auction type

SARFAESI Auction

Borrower

RAMESH T***** Mr. A*** D***** J*****

Auction start

25 Nov 2026, 12:01 PM

Auction end

25 Nov 2026, 01:00 PM

EMD submission deadline

24 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

Abhilash SS

Officer contact

7020010307

E-auction portal

BAANKNET (Property ID CNRBRAMESHTEXTILE)

Price Check

This listing's reserve price works out to ₹1,105 per sq ft. The average across industrial bank auctions in Belagavi on our site is ₹1,136 per sq ft, so this one is 3% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRBRAMESHTEXTILE)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 24 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 25 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.