All auctions / Karnataka / Bidar
27Oct
PLANT AND MACHINERY for sale in Bidar
Bidar, Karnataka – 585404
Canara Bank · SPECIALIZED ARM BRANCH, VIJAYAPURA
- Reserve price
- ₹68,50,000
- EMD
- ₹6,85,000
- Bid increment
- ₹1,00,000
This is the 2nd auction of this property. The reserve price is 5.5% lower than at the last auction (₹72,50,000 on 16 Sep 2026, 11:30 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property9 Oct 2026, 10:00 AM – 26 Oct 2026, 4:00 PM
- Pay EMD and submit bid by26 Oct 2026, 9:00 PM
- Auction27 Oct 2026, 11:30 AM – 1:30 PM · in 12 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹68,50,000 | -5.5% | Upcoming |
| 16 Sep 2026 | ₹72,50,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹6,85,000
- Rest of 25% when you win (same or next day)
- ₹10,27,500
- Balance 75%, usually within 15 days
- ₹51,37,500
- Stamp duty and registration (about 5–8%, varies by state)
- ₹3.42 L – ₹5.48 L
You may bid above the reserve in steps of ₹1,00,000. 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
- Other · Others
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- Plant & Machineries located at Sy No. 299, Plot No. 25 KIADB, Kolhar Industrial Area, Kolhar, Bidar District, Karnataka-585404
- Borrower
- M/S LAXMI AGRO
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