Belagavi APMC Shop Auction: 2,750 Sq Ft Plot with Shop at ₹44 Lakh – Reserve ₹44 Lakh (28 Oct 2026)
Verified Listing Auction Closed
Property ID: FB-51
Property Description
The Belagavi APMC shop auction announced by Federal Bank is one of the notable shop and showroom opportunities on the bank’s current sale-notice list. A trading plot of 2,750 sq ft with about 812 sq ft of construction inside the APMC Market Yard at Belagavi is up for online auction at ₹44 lakh. The online e-auction is scheduled for 28 October 2026 (11:00 AM to 12:15 PM), with a reserve price of ₹44,00,000.
The property is being sold under the SARFAESI Act, 2002 on an “as is where is, as is what is and whatever there is” basis. Below you will find the complete details from the official notice – extent, survey numbers, EMD, important dates, the bidding process and the contact details of the Authorised Officer.
Table of Contents
Table of Contents
Belagavi APMC Shop Auction: Key Highlights
- Reserve price: ₹44,00,000
- EMD: ₹4,40,000
- Auction date: 28 October 2026, 11:00 AM to 12:15 PM
- Last date for EMD / bid: 26 October 2026, 5:00 PM
- Location: APMC Market Yard, Belagavi, Karnataka
Belagavi APMC Shop Auction – Complete Details
| Asset | Plot K2 with 812 sq ft building, APMC Market Yard, Belagavi |
| Description | Commercial plot No. K2 of 2,750 sq ft (25 ft x 110 ft) with about 812 sq ft of construction, inside the APMC Market Yard, with roads on the north and south |
| Land area | 2,750 sq ft |
| Built-up area | 812 sq ft |
| Survey / Plot No. | CTS No. 1097/1, Plot No. K2, R.S. No. 56, 57, 58 and 59 |
| Taluk | Belagavi |
| District | Belagavi |
| Reserve price | ₹44,00,000 |
| EMD (10%) | ₹4,40,000 |
| Bid increment | ₹10,000 |
General terms of the sale as stated in the notice:
| Bank | The Federal Bank Ltd. |
| Branch / Division | Belagavi / Tilakwadi |
| Mode of sale | Online e-auction |
| E-auction portal | bidding.auctionbazaar.com |
| Type of possession | Symbolic possession |
| Outstanding dues | ₹1,26,66,478 as on 1 October 2026 |
| Encumbrances | None stated; bidders to verify |
| Notice date | 1 October 2026 |
About the Location – APMC Market Yard, Belagavi
The Belagavi APMC Market Yard on the Kangrali side of the city is one of north Karnataka’s largest wholesale hubs for vegetables, grains and jaggery, linked by the Pune–Bengaluru NH 48. Plots inside the yard are used for commission agencies, godowns and trading shops, and demand stays steady because space within the regulated market is limited. Transfer of APMC allotments may need market committee formalities.
Is the Belagavi APMC Shop Auction Worth It?
At about ₹1,600 per sq ft of land including the shop, the reserve is attractive for a trading plot inside a busy regulated market yard. The bank’s outstanding dues (₹1.27 Cr) are about 2.9 times the reserve price, so the bank is clearly motivated to close this sale. Since the reserve price is fixed by a registered valuer and often sits below market rates, early research gives you a real edge in this auction.
Important Dates for the Belagavi APMC Shop Auction
- Sale notice date: 1 October 2026
- Inspection: By prior appointment with the Authorised Officer, LCRD Bangalore
- Last date for EMD and bid submission: 26 October 2026 (5:00 PM)
- E-auction: 28 October 2026, 11:00 AM to 12:15 PM
How to Bid in This Federal Bank Auction
- Register on bidding.auctionbazaar.com and complete KYC (PAN, Aadhaar, address proof).
- Obtain a digital signature certificate (DSC) if the service provider requires one.
- Inspect the property within the inspection window after informing the Authorised Officer.
- Pay the EMD of ₹4,40,000 by RTGS/NEFT and upload the bid form before 26 October 2026.
- Log in on 28 October 2026 and bid in multiples of the bid increment; the auction has auto-extension of 5 minutes for late bids.
The successful bidder must pay 25% on acceptance; 75% within 15 days. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer. If the balance is not paid in time, the deposited money is forfeited.
Due Diligence Checklist Before Bidding
- Obtain the encumbrance certificate and verify the title chain for CTS No. 1097/1, Plot No. K2, R.S. No. 56, 57, 58 and 59.
- Check pending property tax, electricity and water dues with local bodies.
- Confirm the type of possession (symbolic) and any occupants.
- Verify the approved plan, land use/zoning and road access on site.
- Read our commercial property auction guide before you bid.
Contact the Authorised Officer
| Authorised Officer | Authorised Officer, LCRD Bangalore Division |
| Office | Federal Bank LCRD Bangalore Division, No. 3, Church Street, 2nd Floor, MSR West Park, M.G. Road, Bengaluru 560001 |
| Phone | 8095828647 |
| bgrlcrd@federal.bank.in |
Belagavi APMC Shop Auction: FAQs
What is the reserve price in the Belagavi APMC shop auction?
The reserve price is ₹44,00,000. Bids below this amount are not accepted.
When is the Belagavi APMC shop auction scheduled?
The auction is on 28 October 2026 from 11:00 AM to 12:15 PM. EMD and bids must reach the bank by 26 October 2026.
How much EMD is required?
The earnest money deposit is ₹4,40,000, usually 10% of the reserve price. It is refunded to unsuccessful bidders without interest.
Can I get a bank loan to buy this property?
Yes, many banks finance auction properties after verifying the sale certificate and title. Arrange the sanction before bidding, since the balance 75% is due within 15 days.
Where can I see the official sale notice?
The notice is published on the Federal Bank tender and sale notices page. Always read the full notice before bidding.
More Federal Bank Auctions
- All Federal Bank auction listings
- More shop and showroom auctions
- Bank auctions in Karnataka
- Guide: commercial building due diligence
Source: Official sale notice published on the Federal Bank Tenders & Sale Notices page. eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with the bank before bidding.
“The asset is being sold on “As is where is”, “As is what is” and “Whatever there is” basis through e-auction by Federal Bank. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Shops & Showrooms |
|---|---|
| Built-up Area | 812 sq ft |
| Land Area | 2,750 sq ft |
| Location | APMC Market Yard, Belagavi, Karnataka |
| Possession | Symbolic |
| Encumbrances | None stated; bidders to verify |
Location Map
Auction Timeline
- 1 Oct 2026Auction Notice Published
- 26 Oct 2026Last Date for EMD Submission
- 28 Oct 2026, 11:00 AM to 12:15 PMe-Auction (Online Bidding)
- Post AuctionHighest Bidder Intimation
- Within Specified TimePayment & Documentation
Important Information
- The asset will be sold to the highest bidder subject to confirmation by the bank.
- Bidders must remit the EMD before the last date mentioned in the sale notice.
- The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance within 15 days, unless the bank specifies otherwise.
- For detailed terms and conditions, please refer to the official bank sale notice.
- This is a bank e-auction and not a private sale.
- eBankAuctions is a directory platform and does not conduct the auction. Please contact the respective bank for all auction-related queries.