1,500 sq ft Residential Plot for Auction in Shivamogga – DCB

Property Details

Property type

Residential Plot (Residential)

Possession

Physical Possession

Area

1,500 sq ft

Reserve price / sq ft

₹1,400

Locality

—

City

Shivamogga

State

Karnataka

Address

All the piece and parcel Property bearing E-Khata PID No: 69768 and Property Khata assessment No. 2272/162, measuring 50 30 sq feet in Total 1500 sq feet Mangalore Trailed house property situated at ward no.35, Malligenahalli, City Municipal Corporation, Shivamogga Town, Shivamogga District and bounded On: East by: Road, West by: Site No.88; North by: Site No. 86; South by: Site No.84. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

Rajajinagar

Auction type

SARFAESI Auction

Borrower

Mr. S***** R

Auction start

03 Dec 2026, 11:00 AM

Auction end

03 Dec 2026, 04:00 PM

EMD submission deadline

02 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2466934

Price Check

This listing's reserve price works out to ₹1,400 per sq ft. The average across residential bank auctions in Shivamogga on our site is ₹2,591 per sq ft, so this one is 46% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2466934), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,10,000 before 02 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 3 Dec 2026 starting above the reserve price, in multiples of ₹25,000.
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.