1,200 sq feet House for Auction in Mysuru, Mysuru – Canara

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

1,200 sq feet (≈ 1,200 sq ft)

Reserve price / sq ft

₹1,098

Locality

Mysuru

City

Mysuru

State

Karnataka

Pincode

570008

Address

MYSURU, Karnataka, 570008 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SPECIALIZED ARM BRANCH, MYSURU

Auction type

SARFAESI Auction

Borrower

KUMAR B

Auction start

28 Oct 2026, 11:00 AM

Auction end

28 Oct 2026, 02:00 PM

EMD submission deadline

27 Oct 2026, 04:01 PM

Inspection

06 Oct 2026, 04:00 PM – 27 Oct 2026, 04:00 PM

Authorised officer

VAMSIKRISHNA C

Officer contact

8291220220

E-auction portal

BAANKNET (Property ID CNRB320165528)

Price Check

This listing's reserve price works out to ₹1,098 per sq ft. The average across residential bank auctions in Mysuru on our site is ₹5,087 per sq ft, so this one is 78% 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.

Previous Auctions of This Property

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 6 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB320165528)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 27 Oct 2026, 04:01 PM. It is refunded if you don't win.
5. Bid online on 28 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.