Auction in 2 days
Shop in Mangaluru, Karnataka (bank auction)
About this property
This is a 45.97 sq m shop in Mangaluru, Karnataka. Possession is physical: the bank holds the property and can hand it over.
The reserve price, the lowest price at which the bank will sell, is ₹24,75,000 (₹24.75 L). To bid you first pay an earnest money deposit (EMD) of ₹2,47,500 (about 10% of the reserve price), which must reach the bank by 26 Nov 2026, 11:59 PM IST. Each new bid must be at least ₹50,000 higher than the last. The e-auction is on 27 November 2026 from 10:30 AM to 11:00 AM IST on bankauctions.in. The property can be inspected: During branch working hours, by contacting the bank.
Property description
Commercial shop No. BS-5 in the basement, Door No. 8-122(4), super built-up area 45.97 sq m, with a 0.34% undivided share in the land, in the building named Aaron's Plaza, with car parking slots and the right to use the common areas, facilities and amenities. The building stands on 150.50 cents of land made up of ten parcels in R.S. Nos. 127-11A(P), 127-11B(P), 127-12A, 128-11(P), 128-10(P) and 128-7B1P, Talipady Village, Talipady Grama Panchayat, Mangaluru Taluk, Dakshina Kannada District, Mulki registration sub-district; parts of it adjoin Talipady Road. The bank has taken physical possession. Encumbrances known to the bank: nil.
Auction details
- Reserve price
- ₹24,75,000 (₹24.75 L)
- EMD (earnest money deposit)
- ₹2,47,500
- Bid increment
- ₹50,000
- Auction starts
- 27 Nov 2026, 10:30 AM IST
- Auction ends
- 27 Nov 2026, 11:00 AM IST
- Last date for EMD / bids
- 26 Nov 2026, 11:59 PM IST
- Inspection
- During branch working hours, by contacting the bank
- Property type
- Shop
- Area
- 45.97 sq m
- Possession
- Physical
- Location
- Mangaluru, Karnataka
- Reference
- LA-4823
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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