4,151.73 sq feet House for Auction in Bilakundi Village Gokak Taluk Belagavi District, Belagavi – Canara

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

4,151.73 sq feet (≈ 4,151 sq ft)

Reserve price / sq ft

₹1,566

Locality

Bilakundi Village Gokak Taluk Belagavi District

City

Belagavi

State

Karnataka

Pincode

591307

Address

Bilakundi Village Gokak taluk Belagavi District, Karnataka, 591307 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SPECIALIZED ARM BRANCH, VIJAYAPURA

Auction type

SARFAESI Auction

Borrower

Sri S***** R***** B*****

Auction start

27 Oct 2026, 11:30 AM

Auction end

27 Oct 2026, 01:30 PM

EMD submission deadline

26 Oct 2026, 09:00 PM

Inspection

05 Oct 2026, 10:00 AM – 26 Oct 2026, 04:00 PM

Authorised officer

KVN SRIRAMACHANDRA MURTHY

Officer contact

6366975034

E-auction portal

BAANKNET (Property ID CNRB109618508)

Price Check

This listing's reserve price works out to ₹1,566 per sq ft. The average across residential bank auctions in Belagavi on our site is ₹2,263 per sq ft, so this one is 31% 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 5 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB109618508)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Oct 2026, 09:00 PM. It is refunded if you don't win.
5. Bid online on 27 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.