0.05 acres Residential Plot for Auction in Mangaluru, Mangaluru – Canara

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

0.05 acres (≈ 2,178 sq ft)

Reserve price / sq ft

₹1,837

Locality

Mangaluru

City

Mangaluru

State

Karnataka

Pincode

575005

Address

Mangaluru, Karnataka, 575005 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

MANGALURU BIJAI-II-10192

Auction type

SARFAESI Auction

Borrower

P K A***

Auction start

28 Sep 2026, 11:30 AM

Auction end

28 Sep 2026, 01:30 PM

EMD submission deadline

27 Sep 2026, 05:00 PM

Inspection

—

Authorised officer

ARUN DAVID

Officer contact

9491961526

E-auction portal

BAANKNET (Property ID CNRBMLRROPKALVA)

Price Check

This listing's reserve price works out to ₹1,837 per sq ft. The average across residential bank auctions in Mangaluru on our site is ₹3,171 per sq ft, so this one is 42% 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 (BAANKNET (Property ID CNRBMLRROPKALVA)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 27 Sep 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 28 Sep 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.