All auctions / Karnataka / Chikkamagaluru

Office for sale in Chikkamagaluru

Chikkamagaluru, Karnataka – 577102

Canara Bank · SPECIALIZED ARM BRANCH, DAVANAGERE

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Reserve price
₹6,67,53,000
EMD
₹66,75,300
Bid increment
₹1,00,000
Area
2.50 acres
Price per sq ft
₹613

This is the 2nd auction of this property. The last auction had a reserve of ₹6,60,00,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property26 Oct 2026, 10:00 AM – 26 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by27 Oct 2026, 4:00 PM
  3. Auction28 Oct 2026, 10:00 AM – 12:30 PM · in 13 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
28 Oct 2026₹6,67,53,000+1.1%Upcoming
8 Jan 2026₹6,60,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹66,75,300
Rest of 25% when you win (same or next day)
₹1,00,12,950
Balance 75%, usually within 15 days
₹5,00,64,750
Stamp duty and registration (about 5–8%, varies by state)
₹33.38 L – ₹53.40 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
Commercial · Office
Possession
Physical
Auction type
Bank sale (SARFAESI)
Address
Sy No. 45/4, landed property measuring 2A 20G or 108900 sq feet along with building measuring 42911 sq feet 2Acre 20 Guntas Kuruvangi Village, Kasaba Hobli, Chikkamagaluru Taluk and East : Sy. No .48 West: Remaining land in Sy no 45/4 measuring 1A-33G North : Sy. No 42
Borrower
M/S RUCHI AGRO INDUSTIRES

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