2,325 sq ft Residential Plot for Auction in Gumpa, Bidar – Canara

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

2,325 sq ft (≈ 2,325 sq ft)

Reserve price / sq ft

₹1,570

Locality

Gumpa

City

Bidar

State

Karnataka

Pincode

585401

Address

GUMPA, Bidar, Karnataka, 585401 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SPECIALIZED ARM BRANCH, VIJAYAPURA

Auction type

SARFAESI Auction

Borrower

VAISHNAVI I*****

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 CNRB12273391103)

Price Check

This listing's reserve price works out to ₹1,570 per sq ft. The average across residential bank auctions in Bidar on our site is ₹2,079 per sq ft, so this one is 24% 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 14 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB12273391103)), 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.