Auction date awaited. The bank has listed this property for sale but has not scheduled the auction yet. The price shown is the bank's indicative price. Save it or get free alerts — once the auction is announced it will appear in our auction listings with the reserve price, EMD and date.

Commercial Building Bank Auction Symbolic Possession

1 acres Commercial Building for Sale (Bank Auction) in Madhavapura Belguam, Belagavi – Canara

Madhavapura Belguam, Belagavi, Karnataka · Auction ID #29448

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Indicative Price ₹1,62,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area1 acres

Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
1 acres (≈ 43,560 sq ft)
Reserve price / sq ft
₹372
Locality
Madhavapura Belguam
Pincode
590001
Address
madhavapura Belguam, Belagavi, Karnataka, 590001 View on map

Description (as per sale notice)

Property bearing R S No. 59/1 measuring 1 acres situated at Madhavapura, Belguam and bounded on the East by R S No. 58, West by R S No.76, North by R S No. 57 and South by R S No.77.

BAANKNET Property ID: CNRB1939

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
BENGALURU SPECIALISED ARM BRANCH
Auction type
Bank Auction
Borrower
SAVITHRI J***** P** L**
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹372 per sq ft. The average across commercial bank auctions in Belagavi on our site is ₹2,097 per sq ft, so this one is 82% 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 CNRB1939)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — 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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