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Commercial Building SARFAESI Auction Symbolic Possession

2,732.8 sq meter Commercial Building for Auction in Samudravalli, Hassan, Hassan – Union Bank

Samudravalli, Hassan, Hassan, Karnataka · Auction ID #117811

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Commercial Building for auction in Samudravalli, Hassan, Hassan – Union Bank – photo 1
Commercial Building for auction in Samudravalli, Hassan, Hassan – Union Bank – photo 2
Commercial Building for auction in Samudravalli, Hassan, Hassan – Union Bank – photo 3
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Reserve Price ₹6,85,50,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 26 Nov 2026, 12:00 PM In 12 days
EMD Last Date 26 Nov 2026, 12:00 PM In 12 days
Area2,732.8 sq meter
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
2,732.8 sq meter (≈ 29,415 sq ft)
Reserve price / sq ft
₹2,330
Locality
Samudravalli, Hassan
City
Hassan
Pincode
573201
Address
SAMUDRAVALLI, HASSAN, Karnataka, 573201 View on map

Description (as per sale notice)

All that piece and parcel of the Industrial Plot bearing No. 564-A(P1) and 564-A(P2)/D, GSC Code: PR0880002741237, Property No. 151600603500820203, of Growth Centre I.A. Hassan, in Survey No. 90-P of Samudravalli Village, Shanthigrama Hobli, Hassan Taluk, Hassan District, measuring East by 28.50 Meters, West by 28.50 Meters, North by 95.78 meters and South by 95.71 Meters, in all totally admeasuring 2732.80 Square Meters and building constructed thereon and bounded as follows: East : Proposed 12 meter wide KIADB Road West : Property bearing Plot No. 563-D North : Property bearing Plot No. 564-A(P1) & 564-A(P2)/C South : Property bearing Plot No. 564-A(P1) & 564-A(P2)/E

BAANKNET Property ID: UBINBLRBLN2001
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Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
BANGALORE-PEENYA-907634
Auction type
SARFAESI Auction
Borrower
M/s M**** T**** P***** L*****
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
VISHNU CHAITANYA
Officer contact
9895608409
E-auction portal
BAANKNET (Property ID UBINBLRBLN2001)
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Price Check

This listing's reserve price works out to ₹2,330 per sq ft. The average across commercial bank auctions in Hassan on our site is ₹2,330 per sq ft, so this one is 0% 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 13 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID UBINBLRBLN2001)), 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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