111.02 sq meter House for Auction in Busanahalli Village, Sidco Industrial Estate Vemagal, Kolar – Canara

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

111.02 sq meter (≈ 1,195 sq ft)

Reserve price / sq ft

₹3,347

Locality

Busanahalli Village, Sidco Industrial Estate Vemagal

City

Kolar

State

Karnataka

Pincode

563157

Address

Busanahalli Village, SIDCO Industrial Estate Vemagal, Karnataka, 563157 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

BENGALURU SPECIALISED ARM BRANCH-II

Auction type

Auction

Borrower

SRINATH B S

Auction start

25 Nov 2026, 01:00 PM

Auction end

25 Nov 2026, 03:00 PM

EMD submission deadline

24 Nov 2026, 11:59 PM

Inspection

23 Oct 2026, 04:00 PM – 24 Nov 2026, 05:00 PM

Authorised officer

ROOPESH

Officer contact

8709675503

E-auction portal

BAANKNET (Property ID CNRB39709286)

Price Check

This listing's reserve price works out to ₹3,347 per sq ft. The average across residential bank auctions in Kolar on our site is ₹1,915 per sq ft, so this one is 75% above 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 23 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB39709286)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 24 Nov 2026, 11:59 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.