7.92 acres Industrial Plot for Auction in Karkala, Udupi – Canara

Property Details

Property type

Industrial Plot (Industrial)

Possession

Symbolic Possession

Area

7.92 acres (≈ 3,44,995 sq ft)

Reserve price / sq ft

₹1,277

Locality

Karkala

City

Udupi

State

Karnataka

Pincode

574104

Address

Karkala, Karnataka, 574104 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SPECIALISED ARM BRANCH MANIPAL

Auction type

SARFAESI Auction

Borrower

Bola R***** K***** a** S*** P** l**

Auction start

12 Nov 2026, 11:00 AM

Auction end

12 Nov 2026, 12:00 PM

EMD submission deadline

11 Nov 2026, 05:00 PM

Inspection

09 Nov 2026, 10:00 AM – 09 Nov 2026, 05:00 PM

Authorised officer

PRABHU H V

Officer contact

9449862135

E-auction portal

BAANKNET (Property ID CNRBBRKHIRAGANA1)

Price Check

This listing's reserve price works out to ₹1,277 per sq ft. The average across industrial bank auctions in Udupi on our site is ₹1,485 per sq ft, so this one is 14% 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.

Previous Auctions of This Property

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 9 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRBBRKHIRAGANA1)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 11 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 12 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.