Plant & Machinery SARFAESI Auction Symbolic Possession

Plant & Machinery for Auction in New Mangalore Industrial Area, Baimkampady, Mangaluru, Mangaluru – SBI

New Mangalore Industrial Area, Baimkampady, Mangaluru, Mangaluru, Karnataka · Auction ID #101260

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Plant & Machinery for auction in New Mangalore Industrial Area, Baimkampady, Mangaluru, Mangaluru – SBI – photo 1
Plant & Machinery for auction in New Mangalore Industrial Area, Baimkampady, Mangaluru, Mangaluru – SBI – photo 2
Plant & Machinery for auction in New Mangalore Industrial Area, Baimkampady, Mangaluru, Mangaluru – SBI – photo 3
Plant & Machinery for auction in New Mangalore Industrial Area, Baimkampady, Mangaluru, Mangaluru – SBI – photo 4
Plant & Machinery for auction in New Mangalore Industrial Area, Baimkampady, Mangaluru, Mangaluru – SBI – photo 5
1 / 5
Reserve Price ₹4,90,00,000 65.6% lower than previous auction (₹14.25 Cr)
EMD (Earnest Money)—
Bid Increment—
Auction Date 19 Nov 2026, 02:00 PM In 8 days
EMD Last Date 19 Nov 2026, 11:00 AM In 8 days
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Property Details

Property type
Plant & Machinery (Plant & Machinery)
Possession
Symbolic Possession
Locality
New Mangalore Industrial Area, Baimkampady, Mangaluru
Pincode
575011
Address
New Mangalore Industrial Area, Baimkampady, Mangaluru, Karnataka, 575011 View on map

Description (as per sale notice)

Plant and Machineries situated at the property in Plot No. 241 in Sy. Nos 125-portion and 126-portion of Baikampady Village, Surathkal Hobli, Mangaluru Taluk, Dakshina Kannada District by admeasurement 4262.00 Sq Mtr (1.05 Acres) (Automatic Line polishing Machine, model SAI ALP 17/1700 with Acessories, , Heads with 6 Bricks, Tilting Trolleys, Edge Cutting Machine, 5 Tonne EOT Crane with 60 ft Span with accessories, 5 Tonne EOT Crane with 20 ft Span with accessories, 2.50 Mtr Granite Block Sawing Machine, 50 Tonne Gantry Crane with accessories, Trolley shunting Area Rails 11 No.’s , Electricity 12 way DB Panel, Capacitor, Panel Board, wiring, main Switches, 320 KVA/256 KW Kirloskar Green Deisel Generating Set, Transformer 600 KVA with Panel Board Etc, Etc)

BAANKNET Property ID: SBIN200089513433
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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, 02:00 PM
Auction end
19 Nov 2026, 05:00 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 SBIN200089513433)
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Previous Auctions of This Property

Auction dateReserve price
19 Nov 2026₹4,90,00,000This auction
19 Nov 2026₹14,25,00,000View

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 SBIN200089513433)), 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with State Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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