Commercial Building SARFAESI Auction Physical Possession

3,576.66 sq ft Commercial Building for Auction in Gaddebhoovanahalli, Kasaba Hobli, Nagamangala Taluk, Mandya Dist, Karnataka, Mandya – Canara

Gaddebhoovanahalli, Kasaba Hobli, Nagamangala Taluk, Mandya Dist, Karnataka, Mandya, Karnataka · Auction ID #117933

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Commercial Building for auction in Gaddebhoovanahalli, Kasaba Hobli, Nagamangala Taluk, Mandya Dist, Karnataka, Mandya – Canara – photo 1
Commercial Building for auction in Gaddebhoovanahalli, Kasaba Hobli, Nagamangala Taluk, Mandya Dist, Karnataka, Mandya – Canara – photo 2
Commercial Building for auction in Gaddebhoovanahalli, Kasaba Hobli, Nagamangala Taluk, Mandya Dist, Karnataka, Mandya – Canara – photo 3
Commercial Building for auction in Gaddebhoovanahalli, Kasaba Hobli, Nagamangala Taluk, Mandya Dist, Karnataka, Mandya – Canara – photo 4
Commercial Building for auction in Gaddebhoovanahalli, Kasaba Hobli, Nagamangala Taluk, Mandya Dist, Karnataka, Mandya – Canara – photo 5
Commercial Building for auction in Gaddebhoovanahalli, Kasaba Hobli, Nagamangala Taluk, Mandya Dist, Karnataka, Mandya – Canara – photo 6
Commercial Building for auction in Gaddebhoovanahalli, Kasaba Hobli, Nagamangala Taluk, Mandya Dist, Karnataka, Mandya – Canara – photo 7
Commercial Building for auction in Gaddebhoovanahalli, Kasaba Hobli, Nagamangala Taluk, Mandya Dist, Karnataka, Mandya – Canara – photo 8
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Reserve Price ₹2,05,00,000 9.7% lower than previous auction (₹2.27 Cr)
EMD (Earnest Money)—
Bid Increment—
Auction Date 25 Nov 2026, 11:00 AM In 10 days
EMD Last Date 24 Nov 2026, 04:01 PM In 9 days
Area3,576.66 sq ft
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Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Area
3,576.66 sq ft (≈ 3,576 sq ft)
Reserve price / sq ft
₹5,732
Locality
Gaddebhoovanahalli, Kasaba Hobli, Nagamangala Taluk, Mandya Dist, Karnataka
City
Mandya
Pincode
571432
Address
GADDEBHOOVANAHALLI, KASABA HOBLI, NAGAMANGALA TALUK, MANDYA DIST, KARNATAKA, 571432 View on map

Description (as per sale notice)

INDUSTRIAL SITE PROPERTY BEARING OLD SY NO 158/1, NEW PROPERTY NO.152100501801920004, PROPERTY NUMBER AS PER GRAM PANCHAYAT RECORDS: 165/176, MEASURING EAST-WEST: 110.81+49.13+52.29/3 METRES, NORTH-SOUTH:20.18+37.60/2 METRES. TOTAL: 3576.66 SQUARE METRES SITUATED AT GADDEBHOOVANAHALLI VILLAGE, KASABA HOBLI, KARADAHALLI GRAMA PANCHAYAT, NAGAMANGALA BLOCK, NAGAMANGALA TALUK, MANDYA DIST, KARNATAKA. BOUNDED BY: EAST: ROAD, WEST: PAPANNA LAND, NORTH: AMEERUL MURTUZA LAND SOUTH: SYED ALI LAND

BAANKNET Property ID: CNRBXSPAGRO1
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH, MYSURU
Auction type
SARFAESI Auction
Borrower
SP A*** I*****
Auction start
25 Nov 2026, 11:00 AM
Auction end
25 Nov 2026, 02:00 PM
EMD submission deadline
24 Nov 2026, 04:01 PM
Inspection
11 Nov 2026, 02:00 PM – 24 Nov 2026, 04:00 PM
Authorised officer
VAMSIKRISHNA C
Officer contact
9187921543
E-auction portal
BAANKNET (Property ID CNRBXSPAGRO1)
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Price Check

This listing's reserve price works out to ₹5,732 per sq ft. The average across commercial bank auctions in Mandya on our site is ₹5,599 per sq ft, so this one is 2% 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.

Previous Auctions of This Property

Auction dateReserve price
25 Nov 2026₹2,05,00,000This auction
28 Oct 2026₹2,27,00,000View

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 11 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRBXSPAGRO1)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 24 Nov 2026, 04:01 PM. It is refunded if you don't win.
  5. Bid online on 25 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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