Commercial Building SARFAESI Auction Symbolic Possession

50,875 sq ft Commercial Building for Auction in Belagavi – Canara

Belagavi, Karnataka · Auction ID #117828

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Commercial Building for auction in Belagavi – Canara – photo 1
Reserve Price ₹23,08,64,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 24 Nov 2026, 11:30 AM In 10 days
EMD Last Date 23 Nov 2026, 04:00 PM In 9 days
Area50,875 sq ft
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
50,875 sq ft (≈ 50,875 sq ft)
Reserve price / sq ft
₹4,538
Locality
—
Pincode
590010
Address
Belagavi, Karnataka, 590010 View on map

Description (as per sale notice)

BAANKNET Property ID: CNRBAADI
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH, HUBBALLI
Auction type
SARFAESI Auction
Borrower
M/S A*** A*** V***** P***** L*****
Auction start
24 Nov 2026, 11:30 AM
Auction end
24 Nov 2026, 12:30 PM
EMD submission deadline
23 Nov 2026, 04:00 PM
Inspection
21 Nov 2026, 10:00 AM – 21 Nov 2026, 04:00 PM
Authorised officer
MUTTANNA M DHANGAR
Officer contact
9480696809
E-auction portal
BAANKNET (Property ID CNRBAADI)
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Price Check

This listing's reserve price works out to ₹4,538 per sq ft. The average across commercial bank auctions in Belagavi on our site is ₹2,331 per sq ft, so this one is 95% 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 21 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRBAADI)), 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 24 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 Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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