4,262 sq meter Land & Building for Auction in New Mangalore Industrial Area, Baimkampady, Mangaluru, Mangaluru – SBI

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

4,262 sq meter (≈ 45,875 sq ft)

Reserve price / sq ft

₹3,106

Locality

New Mangalore Industrial Area, Baimkampady, Mangaluru

City

Mangaluru

State

Karnataka

Pincode

575011

Address

New Mangalore Industrial Area, Baimkampady, Mangaluru, Karnataka, 575011 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SAMB BANGALORE-04209

Auction type

SARFAESI Auction

Borrower

M/s. S**** N l***** S***** P** L**

Auction start

19 Nov 2026, 11:00 AM

Auction end

19 Nov 2026, 02:00 PM

EMD submission deadline

19 Nov 2026, 11:00 AM

Inspection

24 Oct 2026, 11:00 AM – 18 Nov 2026, 04:00 PM

Authorised officer

MOHAN RATHOD

Officer contact

9986132432

E-auction portal

BAANKNET (Property ID SBIN200071703212)

Price Check

This listing's reserve price works out to ₹3,106 per sq ft. The average across residential bank auctions in Mangaluru on our site is ₹3,199 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 24 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN200071703212)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 19 Nov 2026, 11:00 AM. It is refunded if you don't win.
5. Bid online on 19 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.