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Residential Plot SARFAESI Auction Symbolic Possession

0.14 acres Residential Plot for Auction in Urban, Mangaluru, Mangaluru – Union Bank

Urban, Mangaluru, Mangaluru, Karnataka · Auction ID #8230

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Residential Plot photo 1 Residential Plot photo 2 Residential Plot photo 3
Reserve Price ₹35,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 29 Sep 2026, 12:00 PM
EMD Last Date 29 Sep 2026, 04:58 PM
Area0.14 acres

Property Details

Property type
Residential Plot (Residential)
Possession
Symbolic Possession
Area
0.14 acres (≈ 6,098 sq ft)
Reserve price / sq ft
₹574
Locality
Urban, Mangaluru
Pincode
575002
Address
Urban, Mangaluru, Karnataka, 575002 View on map

Description (as per sale notice)

Two Residential sites measuring 9.38 and 4.73 cents total to the extent of 14.11 centscomprised in revenue Sy.No 80/43(Portion of Sy No 80/22), 80/44(portion of Sy No 80/22),80/45(portion of Sy.No 80/22), 80/46(portion of Sy.No 80/22) situated near Stella Maris Higher Secondary School in Beeri, Kotekar, Someshwara Village, Kotekar Post, Ullal, Mangalore 575002 owned by Mrs.Fathima Praveen Ahmed.

BAANKNET Property ID: UBINMLRMAB8131

Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ARB MANGALORE-590011
Auction type
SARFAESI Auction
Borrower
Puire L****
Auction start
29 Sep 2026, 12:00 PM
Auction end
29 Sep 2026, 05:00 PM
EMD submission deadline
29 Sep 2026, 04:58 PM
Inspection
—
Authorised officer
Anil Kumar Prabhu R
Officer contact
9747664177

Price Check

This listing's reserve price works out to ₹574 per sq ft. The average across residential bank auctions in Mangaluru on our site is ₹3,050 per sq ft, so this one is 81% 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 UBINMLRMAB8131)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 29 Sep 2026, 04:58 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 Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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