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Residential Plot SARFAESI Auction Symbolic Possession

Residential Plot for Auction in Gangawati, Koppal – IOB

Gangawati, Koppal, Karnataka · Auction ID #117848

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Residential Plot for auction in Gangawati, Koppal – IOB – photo 1
Reserve Price ₹14,17,500
EMD (Earnest Money)—
Bid Increment—
Auction Date 23 Nov 2026, 10:00 AM In 8 days
EMD Last Date 23 Nov 2026, 04:00 PM In 8 days
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Property Details

Property type
Residential Plot (Residential)
Possession
Symbolic Possession
Locality
Gangawati
City
Koppal
Pincode
583227
Address
Gangawati, Karnataka, 583227 View on map

Description (as per sale notice)

Plot No. 22 admeasuring about 1050. Sq.ft. under Survey No. 32/1B, 32/3/B and 32/3/A situated at Rushamani Nagar, Near Kanakagiri Road, Behind Shreeshaila Public School, Gangavathi, Taluka Gangavathi, District Koppal, Karnataka Bounded By: East: Road West: Plot No. 23 North: Plot No. 55 South: Road This property is standing in the name of Mr. Ravikumar S/o. Sidramappa Kinnal.

BAANKNET Property ID: IOBA2855001
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Bank & Auction Details

Branch
GANGAWATI-2855
Auction type
SARFAESI Auction
Borrower
SRI S***** S**** A*****
Auction start
23 Nov 2026, 10:00 AM
Auction end
23 Nov 2026, 04:00 PM
EMD submission deadline
23 Nov 2026, 04:00 PM
Inspection
10 Nov 2026, 10:00 AM – 22 Nov 2026, 04:28 PM
Authorised officer
SUHAS T LOKHANDE
Officer contact
9113529342
E-auction portal
BAANKNET (Property ID IOBA2855001)
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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 10 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID IOBA2855001)), 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 23 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 Indian Overseas Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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