1,291.67 sq feet House for Auction in Raichur, Raichur – Canara

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

1,291.67 sq feet (≈ 1,291 sq ft)

Reserve price / sq ft

₹3,247

Locality

Raichur

City

Raichur

State

Karnataka

Pincode

584101

Address

RAICHUR, Karnataka, 584101 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

RAICHUR L V D COLLEGE-2797

Auction type

SARFAESI Auction

Borrower

MALAN B****

Auction start

20 Nov 2026, 10:30 AM

Auction end

20 Nov 2026, 11:30 AM

EMD submission deadline

19 Nov 2026, 04:00 PM

Inspection

19 Nov 2026, 11:00 AM – 19 Nov 2026, 02:00 PM

Authorised officer

G KRISHNA GANAPAVARAPU-AUTHORISED OFFICER-IV-CM-RAICHUR REGIONAL OFFICE

Officer contact

9010919090

E-auction portal

BAANKNET (Property ID CNRB160001699309)

Price Check

This listing's reserve price works out to ₹3,247 per sq ft. The average across residential bank auctions in Raichur on our site is ₹1,701 per sq ft, so this one is 91% 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 19 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB160001699309)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 19 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 20 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.