Commercial Building SARFAESI Auction Symbolic Possession

624 sq ft Commercial Building for Auction in Bidar, Bidar – Canara

Bidar, Bidar, Karnataka · Auction ID #117847

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Commercial Building for auction in Bidar, Bidar – Canara – photo 1
Reserve Price ₹56,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 30 Nov 2026, 11:30 AM In 15 days
EMD Last Date 29 Nov 2026, 09:00 PM In 14 days
Area624 sq ft
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
624 sq ft (≈ 624 sq ft)
Reserve price / sq ft
₹8,974
Locality
Bidar
City
Bidar
Pincode
585401
Address
BIDAR, Karnataka, 585401 View on map

Description (as per sale notice)

ALL THAT PART AND PARCEL OF APMC SUNDRY SHOP BLOCK NO. A-08, TOTALLY COVERED BY AN AREA ADMEASURING EAST-WEST: 52 FEET & NORTH-SOUTH: 12 FEET, EQUIVALENT TOTAL TO AREA 624 SQ. FEET, BEING COMPRISES OF ONE SHOP PREMISES, ROOFED WITH RCC, ADMEASURING EAST-WEST:20 FEET, & NORTH-SOUTH: 12 FEET, & WITH GODOWN ROOFED WITH RCC ADMEASURING EAST-WEST: 32 FEET, & NORTH-SOUTH: 12 FEET, SHOP & GODOWN TOTAL PLINTH AREA 624 SQ. FEET SITUATED AT A.P.M.C MARKET YARD, GANDHI GUNJ, NEAR BUDH MANDIR, BIDAR BOUNDARIES: EAST: APMC WAY. WEST: APMC ROAD, NORTH: APMC OPEN SPACE, SOUTH: COMMON WALL THEREAFTER SHOP BLOCK NO. A-7

BAANKNET Property ID: CNRB109393170
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH, VIJAYAPURA
Auction type
SARFAESI Auction
Borrower
SRI L**** A***
Auction start
30 Nov 2026, 11:30 AM
Auction end
30 Nov 2026, 01:30 PM
EMD submission deadline
29 Nov 2026, 09:00 PM
Inspection
14 Nov 2026, 10:00 AM – 29 Nov 2026, 04:00 PM
Authorised officer
KVN SRIRAMACHANDRA MURTHY
Officer contact
6366975034
E-auction portal
BAANKNET (Property ID CNRB109393170)
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Price Check

This listing's reserve price works out to ₹8,974 per sq ft. The average across commercial bank auctions in Bidar on our site is ₹6,720 per sq ft, so this one is 34% 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 14 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB109393170)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 29 Nov 2026, 09:00 PM. It is refunded if you don't win.
  5. Bid online on 30 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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