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Individual House for sale in Mangaluru

Mangaluru, Dakshina Kannada, Karnataka – 575142

Bank of Maharashtra · ASSETRECOVERYBRANCH,BANGALORE-1934

This auction has ended or was withdrawn. Banks often re-auction at a lower reserve price, so check current auctions nearby.

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹44,92,000
EMD
₹4,49,200
Bid increment
₹50,000
Area
2,396 sq ft
Price per sq ft
₹1,875

This is the 3rd auction of this property. The reserve price is 5% lower than at the last auction (₹47,28,000 on 15 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property13 Oct 2026, 11:00 AM – 14 Oct 2026, 5:00 PM
  2. Pay EMD and submit bid by15 Oct 2026, 1:59 PM
  3. Auction15 Oct 2026, 11:00 AM – 2:00 PM · yesterday

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
15 Oct 2026₹44,92,000-5.0%Upcoming
15 Sep 2026₹47,28,000-5.0%Closed
28 Jul 2026₹49,77,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹4,49,200
Rest of 25% when you win (same or next day)
₹6,73,800
Balance 75%, usually within 15 days
₹33,69,000
Stamp duty and registration (about 5–8%, varies by state)
₹2.25 L – ₹3.59 L

You may bid above the reserve in steps of ₹50,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Residential · Individual House
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
SITE NO 60-2(P) MALAVOOR VILLAGE MANGALORE TALUK DAKSHINA KANNADA DISTRICT
Borrower
B S VASANTHA KUMAR

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