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Individual House for sale in MANGALWAR PET AREA RAICHUR Raichur

Raichur, Karnataka – 584103

Canara Bank · RAICHUR STATION ROAD-3062

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹11,00,000
EMD
₹1,10,000
Bid increment
₹10,000
Area
795 sq ft
Price per sq ft
₹1,384

This is the 9th auction of this property. The reserve price is 4.3% lower than at the last auction (₹11,50,000 on 28 Sep 2026, 10:30 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property27 Oct 2026, 11:00 AM – 27 Oct 2026, 2:00 PM
  2. Pay EMD and submit bid by27 Oct 2026, 4:00 PM
  3. Auction28 Oct 2026, 10:30 AM – 11:30 AM · in 13 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
28 Oct 2026₹11,00,000-4.3%Upcoming
28 Sep 2026₹11,50,000—Closed
28 Aug 2026₹11,50,000-4.2%Closed
24 Jul 2026₹12,00,000-4.0%Closed
26 May 2026₹12,50,000—Closed
28 Apr 2026₹12,50,000-1.6%Closed
20 Mar 2026₹12,70,000-0.1%Closed
24 Feb 2026₹12,70,800+12.7%Closed
20 Jan 2026₹11,27,700—Closed

What you'd pay at the reserve price

EMD, before the auction
₹1,10,000
Rest of 25% when you win (same or next day)
₹1,65,000
Balance 75%, usually within 15 days
₹8,25,000
Stamp duty and registration (about 5–8%, varies by state)
₹55,000 – ₹88,000

You may bid above the reserve in steps of ₹10,000. 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
Residential OPEN PLOT Bearing MPL NO 4-5-81/5, PID NO.13-1-518-81 total Measuring 795 Sq.Ft., ( 73.57885 Sq.Mtrs.,) Mangalawar pet Area, Within Municipal Limits of CMC Raichur.
Borrower
ARUN D S/O DURGAPPA

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