House SARFAESI Auction Symbolic Possession

960.75 sq feet House for Auction in Gudibande, Chikkabalapur, Gudibanda, Chikkaballapur – Union Bank

Gudibande, Chikkabalapur, Gudibanda, Chikkaballapur, Karnataka · Auction ID #117809

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House for auction in Gudibande, Chikkabalapur, Gudibanda, Chikkaballapur – Union Bank – photo 1
House for auction in Gudibande, Chikkabalapur, Gudibanda, Chikkaballapur – Union Bank – photo 2
House for auction in Gudibande, Chikkabalapur, Gudibanda, Chikkaballapur – Union Bank – photo 3
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Reserve Price ₹29,93,122
EMD (Earnest Money)—
Bid Increment—
Auction Date 26 Nov 2026, 12:00 PM In 11 days
EMD Last Date 26 Nov 2026, 12:00 PM In 11 days
Area960.75 sq feet
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Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
960.75 sq feet (≈ 960 sq ft)
Reserve price / sq ft
₹3,115
Locality
Gudibande, Chikkabalapur, Gudibanda
Pincode
561209
Address
GUDIBANDE, CHIKKABALAPUR, Gudibanda, Karnataka, 561209 View on map

Description (as per sale notice)

All that piece and parcel of the Residential building belongs to Mr. G V Venkatesha bearing Pattana Panchayath Asst No. 1213/901+902, situated at 2nd Ward, Soppinapete, Gudibande Town, Chikkaballapur District, measuring East to West – 30.5’ and North to South – 31.5’ and bounded on: East by : Hanumanthappa House West by : Ramalingappa House North by : Govt Road South by : Passage

BAANKNET Property ID: UBINBLRBLN3141
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Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
GUDIBANDE-931560
Auction type
SARFAESI Auction
Borrower
Mr. G V V***** S** L*** V*****
Auction start
26 Nov 2026, 12:00 PM
Auction end
26 Nov 2026, 05:00 PM
EMD submission deadline
26 Nov 2026, 12:00 PM
Inspection
13 Nov 2026, 12:00 PM – 25 Nov 2026, 05:00 PM
Authorised officer
NARAYANASWAMY
Officer contact
9494305263
E-auction portal
BAANKNET (Property ID UBINBLRBLN3141)
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Price Check

This listing's reserve price works out to ₹3,115 per sq ft. The average across residential bank auctions in Chikkaballapur on our site is ₹2,224 per sq ft, so this one is 40% 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 13 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID UBINBLRBLN3141)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 26 Nov 2026, 12:00 PM. It is refunded if you don't win.
  5. Bid online on 26 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 Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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