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All auctions / Karnataka / Nagamangala

385 square meter Individual House for sale in MAYANNANA KOPPALU ROAD, WESTERN SIDE,…

Nagamangala, Mandya, Karnataka – 571432

Canara Bank · SPECIALIZED ARM BRANCH, MYSURU

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹1,98,00,000
EMD
₹19,80,000
Bid increment
₹1,00,000
Area
4,144 sq ft
Price per sq ft
₹4,778

This is the 10th auction of this property. The last auction had a reserve of ₹1,98,00,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property6 Oct 2026, 4:00 PM – 27 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by27 Oct 2026, 4:01 PM
  3. Auction28 Oct 2026, 11:00 AM – 2:00 PM · in 12 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
28 Oct 2026₹1,98,00,000—Upcoming
28 Sep 2026₹1,98,00,000-10.0%Closed
25 Aug 2026₹2,20,00,000—Closed
31 Jul 2026₹2,20,00,000-38.4%Closed
30 Jun 2026₹3,57,00,000—Closed
26 May 2026₹3,57,00,000—Closed
28 Apr 2026₹3,57,00,000—Closed
26 Mar 2026₹3,57,00,000—Closed
26 Feb 2026₹3,57,00,000—Closed
30 Dec 2025₹3,57,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹19,80,000
Rest of 25% when you win (same or next day)
₹29,70,000
Balance 75%, usually within 15 days
₹1,48,50,000
Stamp duty and registration (about 5–8%, varies by state)
₹9.90 L – ₹15.84 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
Residential · Individual House
Possession
Physical
Auction type
Bank sale (SARFAESI)
Address
RESIDENTIAL & COMMERCIAL BUILDING BEARING PROPERTY NO.5-3-64, MUNCIPAL ASSESMENT NO.564/604, MEASURING EAST-WEST: 12.65 METRES NORTH-SOUTH: 30.48 METRES. TOTAL:385.57 SQUARE METRES INCLUDING BUILDING MEASUREMENT 176.28 SQUARE METRES (92.90 METRES OF COMMERCIAL BUILDING AND 83.38 METRES RESIDENTIAL BUILDING), SITUATED AT WARD NO.14, MAYANNANA KOPPALU ROAD WESTERN SIDE, NAGAMANGALA TOWN, MANDYA DISTRICT, KARNATAKA. BOUNDED BY: EAST: ROAD 506, WEST: PROPERTY BEARING NO.5-3-62, NORTH: ROAD 03 AND SOUTH: PROPERTY BEARING NO. 5-506-124
Borrower
S P AGRO INDUSTRIES

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