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4046.86 square meter Industrial Plot with Factory Building for sale in Madikeri Madikeri

Madikeri, Kodagu, Karnataka – 571214

Canara Bank · MANGALURU SPECIALISED ARM BRANCH

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹5,02,69,000
EMD
₹50,26,900
Bid increment
₹1,00,000
Area
1.00 acres
Price per sq ft
₹1,154

Key dates

  1. Inspect the property25 Sep 2026, 10:00 AM – 25 Sep 2026, 5:00 PM
  2. Pay EMD and submit bid by26 Oct 2026, 5:00 PM
  3. Auction27 Oct 2026, 10:00 AM – 5:00 PM · in 12 days

What you'd pay at the reserve price

EMD, before the auction
₹50,26,900
Rest of 25% when you win (same or next day)
₹75,40,350
Balance 75%, usually within 15 days
₹3,77,01,750
Stamp duty and registration (about 5–8%, varies by state)
₹25.13 L – ₹40.22 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
Nelji Village, Ballamavathi, Madikeri Taluk, Kodagu-571214
Borrower
Thamaya M D

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