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Godowns for sale in Shikaripura

Shikaripura, Shivamogga, Karnataka – 577427

Canara Bank · SPECIALISED ARM BRANCH MANIPAL

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹47,12,000
EMD
₹4,71,200
Bid increment
₹10,000

This is the 7th auction of this property. The reserve price is 5.8% lower than at the last auction (₹50,00,000 on 22 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property15 Oct 2026, 10:00 AM – 15 Oct 2026, 5:00 PM
  2. Pay EMD and submit bid by16 Oct 2026, 5:00 PM
  3. Auction17 Oct 2026, 11:00 AM – 12:00 PM · today

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
17 Oct 2026₹47,12,000-5.8%Upcoming
22 Sep 2026₹50,00,000—Closed
24 Aug 2026₹50,00,000-5.7%Closed
21 Jul 2026₹53,01,000—Closed
23 Jun 2026₹53,01,000-10.0%Closed
18 Apr 2026₹58,90,000—Closed
25 Mar 2026₹58,90,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹4,71,200
Rest of 25% when you win (same or next day)
₹7,06,800
Balance 75%, usually within 15 days
₹35,34,000
Stamp duty and registration (about 5–8%, varies by state)
₹2.36 L – ₹3.77 L

You may bid above the reserve in steps of ₹10,000. 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 · Godowns
Possession
Physical
Auction type
Bank sale (SARFAESI)
Address
APMC IARD, MARAVALLI VILLAGE, SHIKARIPURA TQ
Borrower
SRI ESHWAR TRADERS

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