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Commercial Building SARFAESI Auction Symbolic Possession

130 sq feet Commercial Building for Auction in Durgadbil, Hubballi, Dharwad – Canara

Durgadbil, Hubballi, Dharwad, Karnataka · Auction ID #1721

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Commercial Building photo 1
Reserve Price ₹16,36,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 29 Sep 2026, 12:00 PM In 2 days
EMD Last Date 29 Sep 2026, 12:00 PM In 2 days
Area130 sq feet

Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
130 sq feet (≈ 130 sq ft)
Reserve price / sq ft
₹12,585
Locality
Durgadbil, Hubballi
Pincode
580020
Address
DURGADBIL, Hubballi, Karnataka, 580020 View on map

Description (as per sale notice)

All the piece and parcel of shop No 6, measuring 130 Sq.fr in the cellar floor of the commercial complex known as “DIAMOND PLAZA” constructed in the schedule-a plot AND 0.81 percentage of undivided share and interest in all piece and parcel on NA property bearing 1).CTS No 838+839+840B measuring 50 sq.yards area 2). CTS No 840Ameasuring 234 Sq.yards area 3). CTS No 841/2 measuring 23 sq.yards area totally measuring 2763 Sq.ft area situated at CTS ward , Sai garden, Bhavani Nagar,Durgadbail HUBBALLI 580020.

BAANKNET Property ID: CNRB126525517

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
HUBBALLI STATION ROAD-514
Auction type
SARFAESI Auction
Borrower
NARAYAN W*****
Auction start
29 Sep 2026, 12:00 PM
Auction end
29 Sep 2026, 02:00 PM
EMD submission deadline
29 Sep 2026, 12:00 PM
Inspection
16 Sep 2026, 01:33 PM – 28 Sep 2026, 05:00 PM
Authorised officer
MANJUNATH K
Officer contact
9480843770

Price Check

This listing's reserve price works out to ₹12,585 per sq ft. The average across commercial bank auctions in Dharwad on our site is ₹12,584 per sq ft, so this one is 0% 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 16 Sep 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB126525517)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 29 Sep 2026, 12:00 PM. It is refunded if you don't win.
  5. Bid online on 29 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.

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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