1,480 sq feet House for Auction in Bantwal, Mangaluru – Canara

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

1,480 sq feet (≈ 1,480 sq ft)

Reserve price / sq ft

₹2,635

Locality

Bantwal

City

Mangaluru

State

Karnataka

Pincode

574323

Address

Bantwal, Karnataka, 574323 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

MANGALURU SPECIALISED ARM BRANCH

Auction type

SARFAESI Auction

Borrower

RATHNAMOORTHI

Auction start

09 Oct 2026, 10:30 AM

Auction end

09 Oct 2026, 11:30 AM

EMD submission deadline

08 Oct 2026, 05:00 PM

Inspection

22 Sep 2026, 10:00 AM – 22 Sep 2026, 11:00 AM

Authorised officer

NIDHIN PRASANTH

Officer contact

9048355060

E-auction portal

BAANKNET (Property ID CNRB85810726)

Price Check

This listing's reserve price works out to ₹2,635 per sq ft. The average across residential bank auctions in Mangaluru on our site is ₹3,171 per sq ft, so this one is 17% 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 22 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB85810726)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 08 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 9 Oct 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.