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Industrial Plot with Factory Building for sale in Karkal

Karkal, Udupi, Karnataka – 576117

Canara Bank · SPECIALISED ARM BRANCH MANIPAL

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Reserve price
₹1,07,00,000
EMD
₹10,70,000
Bid increment
₹1,00,000

This is the 7th auction of this property. The reserve price is 0.9% lower than at the last auction (₹1,08,00,000 on 24 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property5 Oct 2026, 10:00 AM – 22 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by22 Oct 2026, 5:00 PM (EMD closes in 7 days)
  3. Auction23 Oct 2026, 11:00 AM – 12:00 PM · in 8 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
23 Oct 2026₹1,07,00,000-0.9%Upcoming
24 Sep 2026₹1,08,00,000—Closed
30 Jun 2026₹1,08,00,000-0.9%Closed
30 May 2026₹1,09,00,000—Closed
24 Apr 2026₹1,09,00,000—Closed
12 Mar 2026₹1,09,00,000-2.5%Closed
17 Feb 2026₹1,11,85,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹10,70,000
Rest of 25% when you win (same or next day)
₹16,05,000
Balance 75%, usually within 15 days
₹80,25,000
Stamp duty and registration (about 5–8%, varies by state)
₹5.35 L – ₹8.56 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
Industrial · Industrial Plot with Factory Building
Possession
Symbolic
Address
5-310, MANGALAKALLU, HIRGANA KARKALA, UDUPI DISTRICT KARNATAKA – 574 127
Borrower
VEEKAY CASHEW EXPORTS

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