1,200 sq feet Residential Plot for Auction in Robertsonpet, Kolar – Canara

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

1,200 sq feet (≈ 1,200 sq ft)

Reserve price / sq ft

₹2,875

Locality

Robertsonpet

City

Kolar

State

Karnataka

Pincode

563113

Address

Robertsonpet, Karnataka, 563113 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

ROBERTSONPET KOLAR GOLD FIELDS-671

Auction type

SARFAESI Auction

Borrower

GERMASIN J***** M

Auction start

28 Oct 2026, 11:00 AM

Auction end

28 Oct 2026, 12:00 PM

EMD submission deadline

27 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

DEEPAK C

Officer contact

9141088622

E-auction portal

BAANKNET (Property ID CNRB2479378821)

Price Check

This listing's reserve price works out to ₹2,875 per sq ft. The average across residential bank auctions in Kolar on our site is ₹1,915 per sq ft, so this one is 50% 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 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 CNRB2479378821)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 27 Oct 2026, 05:00 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.