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Industrial Plot with Factory Building for sale in Karkal
Karkal, Udupi, Karnataka – 574104
Canara Bank · SPECIALISED ARM BRANCH MANIPAL
- Reserve price
- ₹29,50,000
- EMD
- ₹2,95,000
- Bid increment
- ₹25,000
- Area
- 13,068 sq ft
- Price per sq ft
- ₹226
This is the 10th auction of this property. The reserve price is 2.8% lower than at the last auction (₹30,35,000 on 22 Sep 2026, 11:00 AM). 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 | ₹29,50,000 | -2.8% | Upcoming |
| 22 Sep 2026 | ₹30,35,000 | — | Closed |
| 25 Aug 2026 | ₹30,35,000 | — | Closed |
| 14 Jul 2026 | ₹30,35,000 | -5.2% | Closed |
| 23 Jun 2026 | ₹32,00,000 | — | Closed |
| 30 May 2026 | ₹32,00,000 | -8.6% | Closed |
| 29 Apr 2026 | ₹35,00,000 | — | Closed |
| 27 Mar 2026 | ₹35,00,000 | -5.4% | Closed |
| 27 Feb 2026 | ₹37,00,000 | — | Closed |
| 5 Feb 2026 | ₹37,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹2,95,000
- Rest of 25% when you win (same or next day)
- ₹4,42,500
- Balance 75%, usually within 15 days
- ₹22,12,500
- Stamp duty and registration (about 5–8%, varies by state)
- ₹1.48 L – ₹2.36 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 Plot with Factory Building
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- All that immovable property of Land and Industrial Building bearing Property ID-152600102100121440 along with plant and Macjh\inery and all other appurtenances attached thereto in SY NO & SD NO. 534/1C Portion Measuring 30 Cents (Converted ) Situated in Nitte Village of Karkala Taluka, Udupi District, Karnataka , Property in the name of Shyama kumar (Prop.) .
- Borrower
- RISHAL CASHEW INDUSTRY
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