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4322 square feet Hotel for sale in BYLAKUPPE Periyapatna

Periyapatna, Mysuru, Karnataka – 571107

Canara Bank · SPECIALIZED ARM BRANCH, MYSURU

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹2,05,00,000
EMD
₹20,50,000
Bid increment
₹1,00,000
Area
4,322 sq ft
Price per sq ft
₹4,743

This is the 11th auction of this property. The last auction had a reserve of ₹2,05,00,000. 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 13 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
28 Oct 2026₹2,05,00,000—Upcoming
28 Sep 2026₹2,05,00,000—Closed
25 Aug 2026₹2,05,00,000-8.9%Closed
21 Jul 2026₹2,25,14,000—Closed
30 Jun 2026₹2,25,14,000-13.4%Closed
26 May 2026₹2,60,00,000—Closed
28 Apr 2026₹2,60,00,000—Closed
26 Mar 2026₹2,60,00,000—Closed
26 Feb 2026₹2,60,00,000—Closed
21 Jan 2026₹2,60,00,000—Closed
30 Dec 2025₹2,60,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹20,50,000
Rest of 25% when you win (same or next day)
₹30,75,000
Balance 75%, usually within 15 days
₹1,53,75,000
Stamp duty and registration (about 5–8%, varies by state)
₹10.25 L – ₹16.40 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
Commercial · Hotel
Possession
Physical
Auction type
Bank sale (SARFAESI)
Address
ALL THAT PIECE AND PARCEL OF IMMOVABLE COMMERCIAL LAND BEARING JANGER NO 198/A/272,(SY NO 27/3)E KHATHA NO 1522006021086900433 SITUATED AT BM ROAD, BYLAKUPPE VILLAGE, PERIYAPATNA TALUK, MYSURU – 571104 MEASURING EAST TO WEST 39.9288 MTRS & NORTH TO SOUTH 10.0584 MTRS IN ALL MEASURING ADMEASURING 401.62 SQMTRS WITH RESIDENTIAL HOUSE MEASURING 263.6 FT TOTAL EXTENT OF PLOT:4322.29 SFT
Borrower
ANNAPPA B S

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