2,340 sq feet House for Auction in Mysuru – Navi Finserv Limited

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

2,340 sq feet (≈ 2,340 sq ft)

Reserve price / sq ft

₹8,328

Locality

—

City

Mysuru

State

Karnataka

Pincode

570001

Address

Mysuru, Karnataka, 570001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Navi Finserv Limited

Branch

Branch Office

Auction type

SARFAESI Auction

Borrower

Anand L*****

Auction start

15 Oct 2026, 11:30 AM

Auction end

15 Oct 2026, 12:30 PM

EMD submission deadline

14 Oct 2026, 05:00 PM

Inspection

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

Authorised officer

Akhil A

Officer contact

9645985027

E-auction portal

BAANKNET (Property ID NFLTD04)

Price Check

This listing's reserve price works out to ₹8,328 per sq ft. The average across residential bank auctions in Mysuru on our site is ₹4,971 per sq ft, so this one is 68% 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 5 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID NFLTD04)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 14 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 15 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.