111.29 sq meter House for Auction in Meramajal Village, Sajipanadu, Mangaluru – UCO

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

111.29 sq meter (≈ 1,197 sq ft)

Reserve price / sq ft

₹1,970

Locality

Meramajal Village, Sajipanadu

City

Mangaluru

State

Karnataka

Pincode

574143

Address

MERAMAJAL VILLAGE, Sajipanadu, Karnataka, 574143 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

UCO Bank

Branch

MANGALORE-885

Auction type

SARFAESI Auction

Borrower

SANKETH R***** S*****

Auction start

17 Nov 2026, 11:00 AM

Auction end

17 Nov 2026, 05:00 PM

EMD submission deadline

17 Nov 2026, 04:30 PM

Inspection

13 Nov 2026, 10:00 AM – 16 Nov 2026, 05:00 PM

Authorised officer

NILESH HALDAR

Officer contact

8133024579

E-auction portal

BAANKNET (Property ID UCBA202601)

Price Check

This listing's reserve price works out to ₹1,970 per sq ft. The average across residential bank auctions in Mangaluru on our site is ₹3,199 per sq ft, so this one is 38% 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 13 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID UCBA202601)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 17 Nov 2026, 04:30 PM. It is refunded if you don't win.
5. Bid online on 17 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.