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Industrial Shed for sale in Adyar

Adyar, Dakshina Kannada, Karnataka – 575007

Canara Bank · MANGALURU SPECIALISED ARM BRANCH

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹30,00,000
EMD
₹3,00,000
Bid increment
₹25,000

This is the 9th auction of this property. The reserve price is 9.1% lower than at the last auction (₹33,00,000 on 15 Sep 2026, 10:30 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Pay EMD and submit bid by29 Oct 2026, 5:00 PM
  2. Auction30 Oct 2026, 10:30 AM – 11:30 AM · in 15 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
30 Oct 2026₹30,00,000-9.1%Upcoming
15 Sep 2026₹33,00,000—Closed
20 Aug 2026₹33,00,000-5.7%Closed
23 Jun 2026₹35,00,000—Closed
21 May 2026₹35,00,000-5.4%Closed
10 Apr 2026₹37,00,000—Closed
16 Mar 2026₹37,00,000-6.3%Closed
10 Feb 2026₹39,50,000—Closed
20 Jan 2026₹39,50,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹3,00,000
Rest of 25% when you win (same or next day)
₹4,50,000
Balance 75%, usually within 15 days
₹22,50,000
Stamp duty and registration (about 5–8%, varies by state)
₹1.50 L – ₹2.40 L

You may bid above the reserve in steps of ₹25,000. 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
Industrial · Industrial Shed
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
Door No 1-T-17/1, Near Alape Mutt, Alappe Mutt Road Alape Village, Padil Post, Mangalore Pin - 575007
Borrower
CORNERSTONE ALLOYS

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