14,400 sq feet Residential Plot for Auction in Koppal – IOB

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

14,400 sq feet (≈ 14,400 sq ft)

Reserve price / sq ft

₹500

Locality

—

City

Koppal

State

Karnataka

Pincode

583231

Address

Koppal, Karnataka, 583231 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Overseas Bank

Branch

GANGAWATI-2855

Auction type

SARFAESI Auction

Borrower

M/s. S***** S**** A*****

Auction start

23 Nov 2026, 10:00 AM

Auction end

23 Nov 2026, 04:00 PM

EMD submission deadline

23 Nov 2026, 04:00 PM

Inspection

05 Nov 2026, 10:00 AM – 22 Nov 2026, 05:35 PM

Authorised officer

Suhas T Lokhande

Officer contact

9113529342

E-auction portal

BAANKNET (Property ID IOBA285502)

Price Check

This listing's reserve price works out to ₹500 per sq ft. The average across residential bank auctions in Koppal on our site is ₹1,024 per sq ft, so this one is 51% 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 5 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IOBA285502)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 23 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 23 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.