Flat in Kushalnagar, Karnataka (bank auction)
About this property
This is a 924 sq ft flat in Kushalnagar, Karnataka. Possession is symbolic: the bank has legal possession, but someone may still be occupying the property, which can delay handover.
The reserve price, the lowest price at which the bank will sell, is ₹31,00,000 (₹31 L). To bid you first pay an earnest money deposit (EMD) of ₹3,10,000 (about 10% of the reserve price). The e-auction is on 26 November 2026 from 11:00 AM to 5:00 PM IST on baanknet.com. The property can be inspected: 10 am to 4 pm.
Property description
RCC residential flat No. 4, Block I, on the second floor of the residential apartment building known as Royal Comforts, with a super built-up area of 924 sq ft (85.7593 sq m) including the share in the common service area and a covered car park, together with an undivided share of 1 cent (435.60 sq ft, 40.46 sq m) in Site No. 21 of 5.50 cents (222.9672 sq m), carved out of Survey No. 135, Bychanahalli, Nizamuddin Badavane, 1st Block, Ward No. 2, Kushalnagar Town and Taluk, Kodagu District, Karnataka, within Kushalnagar Pattana Panchayat limits (PID No. 17-502-79A/1/1C/A, Assessment No. 1-1510/3). The bank holds constructive possession; no encumbrance known to the bank.
Boundaries
North by: Flat: open to sky; site: 18 m wide layout road, South by: Flat: open to sky; site: Site No. 20, East by: Flat: staircase; site: Site No. 22, West by: Flat: open to sky; site: 9 m wide layout road.
Auction details
- Reserve price
- ₹31,00,000 (₹31 L)
- EMD (earnest money deposit)
- ₹3,10,000
- Auction starts
- 26 Nov 2026, 11:00 AM IST
- Auction ends
- 26 Nov 2026, 5:00 PM IST
- Inspection
- 10 am to 4 pm
- Property type
- Flat
- Area
- 924 sq ft
- Possession
- Symbolic
- Location
- Kushalnagar, Karnataka
- PIN code
- 571234
- Reference
- LA-4297
Auction starts in 2 weeks.
Before you bid
- Inspect the property on the inspection date.
- Check title, dues and encumbrances: the sale is “as is, where is”.
- Pay the EMD before the deadline and register on the e-auction website.
- Read the bank’s sale notice and its terms in full.
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