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Residential Plot SARFAESI Auction Symbolic Possession

2.11 acres Residential Plot for Auction in Lingasusrur, Lingsugur, Raichur – Canara

Lingasusrur, Lingsugur, Raichur, Karnataka · Auction ID #117776

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Residential Plot for auction in Lingasusrur, Lingsugur, Raichur – Canara – photo 1
Residential Plot for auction in Lingasusrur, Lingsugur, Raichur – Canara – photo 2
Residential Plot for auction in Lingasusrur, Lingsugur, Raichur – Canara – photo 3
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Reserve Price ₹4,60,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 19 Dec 2026, 10:30 AM In 35 days
EMD Last Date 18 Dec 2026, 05:00 PM In 34 days
Area2.11 acres
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Property Details

Property type
Residential Plot (Residential)
Possession
Symbolic Possession
Area
2.11 acres (≈ 91,911 sq ft)
Reserve price / sq ft
₹500
Locality
Lingasusrur, Lingsugur
Pincode
584122
Address
LINGASUSRUR, Lingsugur, Karnataka, 584122 View on map

Description (as per sale notice)

All that piece and parcel of the property under reference i.e single site No.1 and its Municipal No.2-16-431/2/1 (E property No.37-2-43121, Ward No.21) of Lingasugur 02 Acres and 11 Guntas of land Survey No.431/* Hissa 2 of KasabaLingasugur Taluk, Lingasugur District, Raichur , Which has been got converted into Non-Agricultural purpose for industrial purpose from the D.C Raichur dated 21.07.2022, comes under the limits of TMC Lingasugur which is bounded by East By : Land bearing Survey No.430 West By : Kasabalingasugur-Mudgal Main road North by : Survey No.431/*, land of section-1 South By : Land of Survey No.431/*, Portion-3 Owner of the property: Mrs. Ashwini Surpur

BAANKNET Property ID: CNRBEVIJAY
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
BENGALURU SPECIALISED ARM BRANCH
Auction type
SARFAESI Auction
Borrower
M/s S***** E V***** P***** L*****
Auction start
19 Dec 2026, 10:30 AM
Auction end
19 Dec 2026, 11:30 AM
EMD submission deadline
18 Dec 2026, 05:00 PM
Inspection
07 Dec 2026, 10:00 AM – 07 Dec 2026, 02:00 PM
Authorised officer
R ANKANEYALU
Officer contact
9901642631
E-auction portal
BAANKNET (Property ID CNRBEVIJAY)
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Price Check

This listing's reserve price works out to ₹500 per sq ft. The average across residential bank auctions in Raichur on our site is ₹1,701 per sq ft, so this one is 71% 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 7 Dec 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRBEVIJAY)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 18 Dec 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 19 Dec 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 Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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