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Industrial Plot SARFAESI Auction Symbolic Possession

11,800 sq feet Industrial Plot for Auction in Puttur, Mangaluru – Canara

Puttur, Mangaluru, Karnataka · Auction ID #1727

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Industrial Plot photo 1
Reserve Price ₹1,28,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 28 Oct 2026, 12:00 PM In 31 days
EMD Last Date 28 Oct 2026, 12:00 PM In 31 days
Area11,800 sq feet

Property Details

Property type
Industrial Plot (Industrial)
Possession
Symbolic Possession
Area
11,800 sq feet (≈ 11,800 sq ft)
Reserve price / sq ft
₹1,085
Locality
Puttur
Pincode
574210
Address
Puttur, Karnataka, 574210 View on map

Description (as per sale notice)

All that part and parcel of the immovable property consisting of 1.21 Acres of land with all other improvements thereon in Survey No.349/1 of Keyyoor Village, Puttur Taluk, DK District in the name of Sri.Sreedhar Kamath and Sri. Srikanth Kamath and bounded on the: East by : Same Line West by : Same Line North by : Same Line South by: Remaining property of 31 cents in same Sy.No All that part and parcel of the immovable property of 0.11 Acres of land with all other improvements thereon in SY no 348/1B of Keyyur Village,Puttur taluk,DK District in the name of Sri Sreedhar Kamath and Sri. Srikanth Kamath and bounded on the: East by : Same Line West by : Same Line North by : Same Line South by : Same Line

BAANKNET Property ID: CNRB40445147CENT152

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH KOZHIKODE
Auction type
SARFAESI Auction
Borrower
MS L***** G***** C*****
Auction start
28 Oct 2026, 12:00 PM
Auction end
28 Oct 2026, 01:00 PM
EMD submission deadline
28 Oct 2026, 12:00 PM
Inspection
19 Sep 2026, 10:00 AM – 27 Oct 2026, 05:00 PM
Authorised officer
JITHESH T
Officer contact
8129166695

Price Check

This listing's reserve price works out to ₹1,085 per sq ft. The average across industrial bank auctions in Mangaluru on our site is ₹1,054 per sq ft, so this one is 3% above 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 19 Sep 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB40445147CENT152)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 28 Oct 2026, 12:00 PM. It is refunded if you don't win.
  5. Bid online on 28 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.

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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