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Residential in Haveri

Haveri, Haveri

Reserve price
₹1.26 Cr
Auction date
10 Mar 2026
10:00 AM
EMD deadline
08 Dec 2025
3:50 PM
Bid increment
₹50,000.00

Location details

Property Address
EQM of Land and Building on NA RS.No.271B, Plot.No.12, Assessment No. 9/2/401, Constructed House it’s E-Swattu Property No.7077909669 Measuring 331.942419 Sq.Mtrs or 3573 Sq.Ft Situated at Ward No.09,10th cross, B Block, Basaveshwarnagar, Haveri-581110 in the name of Mr.Somanath Banakar S/o Gurupadappa.
Locality: Haveri
City: Haveri
District: Haveri
State: Karnataka
Pin Code: 581110
Country: India
Carpet Area: 479.88 sq ft
Carpet Area: 479.88 sq m
Price per Sq Ft: 11,762.39
Facing: North
Furnished: Unfurnished
Unit of Measure: square meter

Auction timeline

Auction starts
10 Mar 2026 at 10:00 AM
Auction ends
10 Mar 2026 at 4:00 PM
EMD submission deadline
08 Dec 2025 at 3:50 PM

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

Property overview

Type
Residential
Sub Type
Individual House
Area
479.88 sq ft
(Carpet)
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Price per Sq Ft
11,762.39
Property Price
₹1.33 Cr
Property Identifiers
Bank Property ID
BKID199128753
Collateral ID
BKID199128753

Property Images

Price history

2 previous auctions
₹1.3Cr9 Dec₹1.3CrNow 5.3% down
₹1,33,00,000.00
28 Jan 2026
Residential
Bank of India logoBank of IndiaPossession: Symbolic
₹1,33,00,000.00
9 Dec 2025
Residential
Bank of India logoBank of IndiaPossession: Symbolic

Borrower & Loan details

Borrower Name
Somanath Banakar
Registered Address of Borrower
Haveri
Co-Borrower(s)
Sujata Banakar,Mahesh Banakar
NPA Amount
₹1.54 Cr
NPA Date
30 Apr 2025
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
BKID199128753
Customer ID
199128753
Demand Notice
Notice Date
30 Jun 2025
Notice Amount
₹1.55 Cr
Asset Classification
Classification Date
30 Apr 2025
Classification ID
2
Possession Dates
Physical
29 Aug 2025
Symbolic
29 Aug 2025

Additional details

Property USP
Semi Construction Building
Other Details
Semi Constructed Building
Description
EQM of Land and Building on NA RS.No.271B, Plot.No.12, Assessment No. 9/2/401, Constructed House it’s E-Swattu Property No.7077909669 Measuring 331.942419 Sq.Mtrs or 3573 Sq.Ft Situated at Ward No.09,10th cross, B Block, Basaveshwarnagar, Haveri-581110 in the name of Mr.Somanath Banakar S/o Gurupadappa.

EMD Schedule

EMD Start
21 Feb 2026
11:15 AM
EMD Deadline
10 Mar 2026
3:50 PM
Payment Deadline
08 Dec 2025

Inspection Schedule

Inspection Start
06 Mar 2026
10:00 AM
Inspection End
06 Mar 2026
5:00 PM

Officer Details

Authorized Officer
Kameswara Rao Puranapanda
Authorised Officer - Scale - IV - CM
Dealing Officer
VIVEK S M

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹10
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
BKID199128753
Property ID
BKID199128753
Bank of India logo
Bank of India
Verified seller
Branch: HAVERI-8462
IFSC: BKID

Bank contact

+91 837 523333+91 98091 11948
Branch Address
MUKTALIS BLDG., SHRI KRISHNA TRADE CENTRE, OPP.BUS STAND, HANAGAL ROAD
Branch IFSC
BKID0008462
Department
HAVERI-8462