12 acres Industrial Plot for Auction in Appasandra Village, Narasapura Industrial Area, Kolar – Canara

Property Details

Property type

Industrial Plot (Industrial)

Possession

Symbolic Possession

Area

12 acres (≈ 5,22,720 sq ft)

Reserve price / sq ft

₹911

Locality

Appasandra Village, Narasapura Industrial Area

City

Kolar

State

Karnataka

Pincode

563133

Address

APPASANDRA VILLAGE, Narasapura Industrial Area, Karnataka, 563133 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

BENGALURU SPECIALISED ARM BRANCH-II

Auction type

Auction

Borrower

CEREBRA I***** T***** L**

Auction start

26 Nov 2026, 01:00 PM

Auction end

26 Nov 2026, 03:00 PM

EMD submission deadline

25 Nov 2026, 11:59 PM

Inspection

09 Nov 2026, 06:00 PM – 25 Nov 2026, 06:00 PM

Authorised officer

NIRAJ KUMAR

Officer contact

9743619091

E-auction portal

BAANKNET (Property ID CNRB226841057A)

Price Check

This listing's reserve price works out to ₹911 per sq ft. The average across industrial bank auctions in Kolar on our site is ₹551 per sq ft, so this one is 65% 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 9 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB226841057A)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 25 Nov 2026, 11:59 PM. It is refunded if you don't win.
5. Bid online on 26 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.