All auctions / Karnataka / Hosanagara
MACHINERY for sale in Hosanagara
Hosanagara, Shivamogga, Karnataka – 577418
Canara Bank · MANGALURU SPECIALISED ARM BRANCH
- Reserve price
- ₹10,50,000
- EMD
- ₹1,05,000
- Bid increment
- ₹1,00,000
This is the 11th auction of this property. The last auction had a reserve of ₹10,50,000. Unsold properties usually come back at a lower reserve.
Key dates
- Pay EMD and submit bid by17 Oct 2026, 5:35 PM (EMD closes in 2 days)
- Auction19 Oct 2026, 10:30 AM – 11:30 AM · in 4 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 19 Oct 2026 | ₹10,50,000 | — | Upcoming |
| 28 Sep 2026 | ₹10,50,000 | -4.5% | Closed |
| 4 Aug 2026 | ₹11,00,000 | — | Closed |
| 15 Jul 2026 | ₹11,00,000 | -8.3% | Closed |
| 4 Jun 2026 | ₹12,00,000 | — | Closed |
| 15 May 2026 | ₹12,00,000 | -4.8% | Closed |
| 17 Apr 2026 | ₹12,60,000 | — | Closed |
| 24 Mar 2026 | ₹12,60,000 | -3.1% | Closed |
| 27 Feb 2026 | ₹13,00,000 | — | Closed |
| 5 Feb 2026 | ₹13,00,000 | -7.1% | Closed |
| 30 Dec 2025 | ₹14,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹1,05,000
- Rest of 25% when you win (same or next day)
- ₹1,57,500
- Balance 75%, usually within 15 days
- ₹7,87,500
- Stamp duty and registration (about 5–8%, varies by state)
- ₹52,500 – ₹84,000
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
- Physical
- Auction type
- Bank sale (SARFAESI)
- Address
- Mavinakoppa Village, Kasaba Hobli, Hosanagara Taluk, Shimoga District
- Borrower
- M/s Mangalore Cashew Industries
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