Shop in Mangaluru, Karnataka (bank auction)

About this property

This is a 69.12 sq m shop in Mangaluru, Karnataka. It is being sold by South Indian Bank, Regional Office Chennai (Nungambakkam branch account). The sale notice describes it as: Commercial shop No. S-108 on the first floor, Door No. 8-122(29), 69.12 sq m super built-up area, in the building named Aaron's Plaza, with car parking and a proportionate undivided share of 150.50 cents of land in R.S. Nos. 127 and 128 (various sub-divisions), Talipady Village, Talipady Grama Panchayat, Mangaluru Taluk, Dakshina Kannada District, Mulki sub-registration district. 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 ₹28,45,800 (₹28.46 L). To bid you first pay an earnest money deposit (EMD) of ₹2,84,580 (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 3:00 PM to 3:30 PM IST on bankauctions.in. The property can be inspected: During branch working hours, by contacting the bank.