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House SARFAESI Auction Symbolic Possession

111.48 sq meter House for Auction in Kaspadi, Sagar, Shivamogga – Canara

Kaspadi, Sagar, Shivamogga, Karnataka · Auction ID #8238

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Reserve Price ₹18,22,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 13 Oct 2026, 11:00 AM In 11 days
EMD Last Date 12 Oct 2026, 05:00 PM In 10 days
Area111.48 sq meter

Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
111.48 sq meter (≈ 1,199 sq ft)
Reserve price / sq ft
₹1,518
Locality
Kaspadi, Sagar
Pincode
577401
Address
Kaspadi, Sagar, Karnataka, 577401 View on map

Description (as per sale notice)

111.48 square meters Land with house building. All that piece and parcel of residential site having E Swattu No 152400303301200031 as per form 9 and form 11 11A issued by Rural Development and Panchayat Raj Department property Number 27 as per Gram Panchayath records, measuring East to West 9.144 meters North to South 12.192 meters totally 111.48 square meters (30*40 feet) comprised of a building measuring 37.16 square meters located in kaspadi village, within the limits of Ulluru Gram Panchayath, Sagar Taluk, Shivamogga District.

BAANKNET Property ID: CNRB115074295

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALISED ARM BRANCH MANIPAL
Auction type
SARFAESI Auction
Borrower
Nilamma
Auction start
13 Oct 2026, 11:00 AM
Auction end
13 Oct 2026, 12:00 PM
EMD submission deadline
12 Oct 2026, 05:00 PM
Inspection
12 Oct 2026, 10:00 AM – 12 Oct 2026, 04:00 PM
Authorised officer
PRABHU H V
Officer contact
9449862135

Price Check

This listing's reserve price works out to ₹1,518 per sq ft. The average across residential bank auctions in Shivamogga on our site is ₹3,238 per sq ft, so this one is 53% 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 12 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB115074295)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 12 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 13 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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