All auctions / Karnataka / Karkal
Industrial Plot with Factory Building for sale in Karkal
Karkal, Udupi, Karnataka – 576117
Canara Bank · SPECIALISED ARM BRANCH MANIPAL
- Reserve price
- ₹88,00,000
- EMD
- ₹8,80,000
- Bid increment
- ₹1,00,000
- Area
- 36,155 sq ft
- Price per sq ft
- ₹243
This is the 11th auction of this property. The last auction had a reserve of ₹88,00,000. Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property15 Oct 2026, 10:00 AM – 15 Oct 2026, 5:00 PM
- Pay EMD and submit bid by16 Oct 2026, 5:00 PM (EMD closes tomorrow)
- Auction17 Oct 2026, 11:00 AM – 12:00 PM · in 2 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 17 Oct 2026 | ₹88,00,000 | — | Upcoming |
| 22 Sep 2026 | ₹88,00,000 | -9.3% | Closed |
| 1 Aug 2026 | ₹97,00,000 | -5.1% | Closed |
| 6 Jun 2026 | ₹1,02,20,000 | -10.0% | Closed |
| 12 May 2026 | ₹1,13,53,770 | — | Closed |
| 16 Apr 2026 | ₹1,13,53,770 | — | Closed |
| 23 Mar 2026 | ₹1,13,53,770 | — | Closed |
| 6 Mar 2026 | ₹1,13,53,770 | — | Closed |
| 18 Feb 2026 | ₹1,13,53,770 | -22.7% | Closed |
| 31 Jan 2026 | ₹1,46,85,300 | — | Closed |
| 6 Jan 2026 | ₹1,46,85,300 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹8,80,000
- Rest of 25% when you win (same or next day)
- ₹13,20,000
- Balance 75%, usually within 15 days
- ₹66,00,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹4.40 L – ₹7.04 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
- Auction type
- Bank sale (SARFAESI)
- Address
- All that part of Industrial Land and Factory Building bearing Sy. No. 444/2B2 South East Portion measuring 83 Cents situated in Kukkundoor Village, Karkala Taluk & Udupi District
- Borrower
- MAHAMMAYAEXPORTS
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