2,730.46 sq feet Commercial Building for Auction in Ramlinghkind Galli Belagavi, Belagavi – Canara

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

2,730.46 sq feet (≈ 2,730 sq ft)

Reserve price / sq ft

₹9,590

Locality

Ramlinghkind Galli Belagavi

City

Belagavi

State

Karnataka

Pincode

590001

Address

RAMLINGHKIND GALLI BELAGAVI, Karnataka, 590001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SPECIALIZED ARM BRANCH, HUBBALLI

Auction type

SARFAESI Auction

Borrower

RAJMAHAL H*****

Auction start

13 Nov 2026, 11:30 AM

Auction end

13 Nov 2026, 12:30 PM

EMD submission deadline

12 Nov 2026, 04:00 PM

Inspection

11 Nov 2026, 10:00 AM – 11 Nov 2026, 04:00 PM

Authorised officer

MUTTANNA M DHANGAR

Officer contact

9480696809

E-auction portal

BAANKNET (Property ID CNRBRAJMAHAL)

Price Check

This listing's reserve price works out to ₹9,590 per sq ft. The average across commercial bank auctions in Belagavi on our site is ₹2,311 per sq ft, so this one is 315% 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 11 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRBRAJMAHAL)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 12 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 13 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.