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Commercial Building SARFAESI Auction Symbolic Possession

16,693 sq ft Commercial Building for Auction in Tadaslur Village, Soundatti Taluk , Dist Belagavi, Londa, Belagavi – Canara

Tadaslur Village, Soundatti Taluk , Dist Belagavi, Londa, Belagavi, Karnataka · Auction ID #117832

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Commercial Building for auction in Tadaslur Village, Soundatti Taluk , Dist Belagavi, Londa, Belagavi – Canara – photo 1
Reserve Price ₹1,48,62,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 05 Dec 2026, 11:30 AM In 20 days
EMD Last Date 04 Dec 2026, 04:00 PM In 19 days
Area16,693 sq ft
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
16,693 sq ft (≈ 16,693 sq ft)
Reserve price / sq ft
₹890
Locality
Tadaslur Village, Soundatti Taluk , Dist Belagavi, Londa
Pincode
591120
Address
Tadaslur Village, Soundatti Taluk , Dist Belagavi, Londa, Karnataka, 591120 View on map

Description (as per sale notice)

All that piece and parcel of Industrial Land and Building situated at RS No.425/4 and 425/5, Tadaslur Village, Soundatti Taluk , Dist Belagavi 591 119 Extent of land – 4 Acres 5 Gunta ie, 179685 sq ft Extent of building – Total built up area 14,449.39 sq ft To the East : Sy. No.425 & 488 To the west : Goyak – Muragood Road To the North : Sy. No. 425 & 489 To the South : Block No.426

BAANKNET Property ID: CNRB121067164002
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH, HUBBALLI
Auction type
SARFAESI Auction
Borrower
SHRI V***** S***** P** L**
Auction start
05 Dec 2026, 11:30 AM
Auction end
05 Dec 2026, 12:30 PM
EMD submission deadline
04 Dec 2026, 04:00 PM
Inspection
03 Dec 2026, 10:00 AM – 03 Dec 2026, 04:00 PM
Authorised officer
MUTTANNA M DHANGAR
Officer contact
9480696809
E-auction portal
BAANKNET (Property ID CNRB121067164002)
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Price Check

This listing's reserve price works out to ₹890 per sq ft. The average across commercial bank auctions in Belagavi on our site is ₹2,331 per sq ft, so this one is 62% 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 3 Dec 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB121067164002)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 04 Dec 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 5 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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