Plant & Machinery SARFAESI Auction Symbolic Possession

Plant & Machinery for Auction in Karkal, Udupi – Canara

Karkal, Udupi, Karnataka · Auction ID #8232

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Reserve Price ₹4,80,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 15 Oct 2026, 11:00 AM In 15 days
EMD Last Date 14 Oct 2026, 05:00 PM In 14 days

Property Details

Property type
Plant & Machinery (Plant & Machinery)
Possession
Symbolic Possession
Locality
Karkal
City
Udupi
Pincode
576117
Address
Karkal, Karnataka, 576117 View on map

Description (as per sale notice)

Plant and Machinery

BAANKNET Property ID: CNRBBRKMACHINE1

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALISED ARM BRANCH MANIPAL
Auction type
SARFAESI Auction
Borrower
Bola R***** K***** & S*** P***** L**
Auction start
15 Oct 2026, 11:00 AM
Auction end
15 Oct 2026, 12:00 PM
EMD submission deadline
14 Oct 2026, 05:00 PM
Inspection
13 Oct 2026, 10:00 AM – 13 Oct 2026, 05:00 PM
Authorised officer
PRABHU H V
Officer contact
9449862135

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 13 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRBBRKMACHINE1)), 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.

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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