BanksAuctions.com logo
anksAuctions.com
ResidentialUpcoming auctionVerified listing

Residential in CHANNAGIRI, DAVANGERE

CHANNAGIRI, DAVANGERE, Channagiri

Reserve price
₹1.02 Cr
Auction date
10 Mar 2026
11:00 AM
EMD deadline
09 Dec 2025
4:59 PM
Bid increment
₹50,000.00

Location details

Property Address
SITE NO 17&18, PROPERTY NO 206/17&18, SHANTHI SAGAR ROAD, CHIKKABENNUR,SANTHEBENNUR HOBLI, CHENNAGIRI TQ, DAVANGERE - 577552
Locality: CHANNAGIRI, DAVANGERE
City: Channagiri
District: Davanagere
State: Karnataka
Pin Code: 577552
Country: India
Nearest Airport / Railway Station / Bus Stand
DAVANGERE
Carpet Area: 3334 sq ft
Built-up Area: 3902 sq ft
Price per Sq Ft: 2,000
Furnished: Semi-Furnished
Age of Construction: 10 years
Water: yes
Electricity: yes
Unit of Measure: square feet

Auction timeline

Auction starts
10 Mar 2026 at 11:00 AM
Auction ends
10 Mar 2026 at 5:00 PM
EMD submission deadline
09 Dec 2025 at 4:59 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Residential
Sub Type
Individual House
Area
3334 sq ft
(Carpet)
Built-up Area
3902 sq ft
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Price per Sq Ft
2,000
Property Price
₹1.13 Cr
Property Identifiers
Bank Property ID
BKIDMARULA1
CERSAI ID
400016772819
Collateral ID
40016772819

Property Images

Price history

4 previous auctions
₹1.3Cr8 Aug₹1.1Cr₹1.0CrNow 19.0% down
₹1,13,40,000.00
9 Jan 2026
Residential
Bank of India logoBank of IndiaPossession: Symbolic
₹1,13,40,000.00
9 Dec 2025
Residential
Bank of India logoBank of IndiaPossession: Symbolic
₹1,26,00,000.00
9 Sep 2025
Residential
Bank of India logoBank of IndiaPossession: Symbolic

Borrower & Loan details

Borrower Name
M/S MARULASIDDESHWARA ELECTRICALS
Registered Address of Borrower
73/B, KOTE ROAD, SANTHEBENNUR, CHANNAGIRI TQ, DAVANGERE, KARNATAKA 577552
Owner
M JAYADEV KUMAR
Ownership of Property
Borrower
NPA Amount
₹1.79 Cr
NPA Date
19 Jan 2024
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
40016772819
Customer ID
102078893
Demand Notice
Notice Date
02 Mar 2025
Notice Amount
₹1.79 Cr
Asset Classification
Classification Date
19 Jan 2024
Classification ID
3
Possession Dates
Symbolic
17 May 2025

Additional details

Property USP
Residential house built on a site admeasuring 3334.35 sq. ft. situated in a serene location.
Description
RESIDENTIAL HOUSE BUILT ON A SITE ADMEASURING 3,334.35 SQ FT

EMD Schedule

EMD Start
25 Feb 2026
4:02 PM
EMD Deadline
10 Mar 2026
4:59 PM
Payment Deadline
09 Dec 2025

Inspection Schedule

Inspection Start
25 Feb 2026
6:00 PM
Inspection End
09 Mar 2026
4:00 PM

Officer Details

Authorized Officer
SEEMA KUMARI
Authorised Officer - Scale - IV - CM
Dealing Officer
Amit Kumar

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
40016772819
CERSAI ID
400016772819
Property ID
BKIDMARULA1

Nearby Amenities

Nearest Station
DAVANGERE
Bank of India logo
Bank of India
Verified seller
Branch: BENGALURU ASSET RECOVERY-8499
IFSC: BKID

Bank contact

+91 80229 59407+91 98504 77529
Branch Address
No. 11, Bank Of India Bldg., Kempegowda Road,
Branch IFSC
BKID0008499
Department
BENGALURU ASSET RECOVERY-8499