House SARFAESI Auction Physical Possession

1,200 sq feet House for Auction in Raichur – BOM

Raichur, Karnataka · Auction ID #109709

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House for auction in Raichur – BOM – photo 1
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House for auction in Raichur – BOM – photo 8
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Reserve Price ₹20,10,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 18 Nov 2026, 11:00 AM In 3 days
EMD Last Date 17 Nov 2026, 05:00 PM In 2 days
Area1,200 sq feet
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Property Details

Property type
House (Residential)
Possession
Physical Possession
Area
1,200 sq feet (≈ 1,200 sq ft)
Reserve price / sq ft
₹1,675
Locality
—
Pincode
584134
Address
Raichur, Karnataka, 584134 View on map

Description (as per sale notice)

All the piece and parcel of open plot bearing no 59 , bearing municipal no 13-6-128/59 measuring 1200Sqft situated in the approved layout of NA land bearing Sy No 128/2 of Yeramarus village , taluq Raichur , together with buildings and structures constructed thereto

BAANKNET Property ID: MAHBRAICHUR3
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Bank & Auction Details

Bank / Lender
Bank of Maharashtra
Branch
RAICHUR-BRESTHWAR ROAD
Auction type
SARFAESI Auction
Borrower
Mahadev S** S*****
Auction start
18 Nov 2026, 11:00 AM
Auction end
18 Nov 2026, 03:00 PM
EMD submission deadline
17 Nov 2026, 05:00 PM
Inspection
03 Nov 2026, 11:00 AM – 17 Nov 2026, 04:00 PM
Authorised officer
prabhu M
Officer contact
8904634192
E-auction portal
BAANKNET (Property ID MAHBRAICHUR3)
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Price Check

This listing's reserve price works out to ₹1,675 per sq ft. The average across residential bank auctions in Raichur on our site is ₹1,701 per sq ft, so this one is 2% 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 3 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID MAHBRAICHUR3)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 17 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 18 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 Bank of Maharashtra. Always verify every detail with the official notice and the authorised officer before paying any money.

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