Canara Bank Bhilwara Shop Auction: Shops (260.26 sq ft) – Reserve ₹23.23 Lakh (27 Oct 2026)

Verified Listing Auction Closed

Property ID: BKN-363925

Bhilwara, Rajasthan View on Map
Canara Bank Specialized Arm Branch Jaipur View Bank Profile
TypeShops & Showrooms
Land Area260.26 sq ft
PossessionSymbolic
StatusAuction Sale
Reserve Price₹ 23,23,000
EMD₹ 2,32,300
Auction Date27 Oct 202611:00 AM to 1:00 PM

Property Description

The Canara Bank Bhilwara shop auction listed by Canara Bank on the BAANKNET e-auction portal is one of the upcoming shop opportunities in Rajasthan. On offer is a shops in Bhilwara (PIN 311001), with 260.26 sq ft carpet area. The online auction runs on 27 October 2026 (11:00 AM to 1:00 PM) with a reserve price of ₹23,23,000.

The property is being sold under SARFAESI on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.

Canara Bank Bhilwara Shop Auction – Bhilwara

Canara Bank Bhilwara Shop Auction: Key Highlights

  • Reserve price: ₹23,23,000 (₹23.23 Lakh)
  • EMD: ₹2,32,300
  • Bid increment: ₹10,000
  • Auction: 27 October 2026, 11:00 AM to 1:00 PM
  • Last date for EMD: 26 October 2026, 5:00 PM
  • Location: Bhilwara, Rajasthan
  • Possession: Symbolic

Canara Bank Bhilwara Shop Auction – Complete Details

Auction ID363925
Bank property IDCNRB0AJANTATRADINGSHOPG11
BankCanara Bank
BranchSpecialized Arm Branch Jaipur
Property typeCommercial – Shops
Carpet area260.26 sq ft
LocalityPadam Shree Complex (Bapna Complex), Gadri Khera, Gandhi Nagar, Bhilwara
City / DistrictBhilwara
StateRajasthan
PIN code311001
Type of possessionSymbolic
Type of actionUnder SARFAESI
Reserve price₹23,23,000
EMD₹2,32,300
Bid increment₹10,000
Auto-extension5 minutes per late bid

About the Location – Bhilwara

The property is located in Bhilwara, Rajasthan (PIN 311001). Rajasthan’s real estate is led by Jaipur, Jodhpur, Udaipur and Kota, with tourism and the Delhi–Mumbai Industrial Corridor adding demand. The handling branch is Specialized Arm Branch Jaipur, which is usually the best contact for site visits and local queries.

Is the Canara Bank Bhilwara Shop Auction Worth It?

At the reserve price, the property works out to about ₹8,926 per sq ft of carpet area – compare this with recent resale rates in Bhilwara before you bid. The EMD of ₹2,32,300 is 10% of the reserve price and is refunded to unsuccessful bidders. The real saving in a bank auction comes after you add stamp duty, registration, pending dues and repair costs to the bid, so set a firm ceiling before the auction starts. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.

Important Dates for the Canara Bank Bhilwara Shop Auction

  • Inspection window: 23 September 2026, 10:00 AM to 26 October 2026, 4:59 PM
  • EMD submission opens: 22 September 2026
  • Last date for EMD: 26 October 2026, 5:00 PM
  • E-auction: 27 October 2026, 11:00 AM to 1:00 PM
  • Auto-extension: 5 minutes for every bid in the last minutes

How to Bid on BAANKNET

  1. Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
  2. Search for Auction ID 363925 and download the sale notice and terms.
  3. Inspect the property during the inspection window by calling the branch contact on 9972105635.
  4. Pay the EMD of ₹2,32,300 through the BAANKNET wallet before 26 October 2026, 5:00 PM.
  5. Log in on 27 October 2026 and bid above the reserve in steps of ₹10,000; each late bid extends the auction by 5 minutes.

The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.

Due Diligence Checklist Before Bidding

  • Obtain the encumbrance certificate and verify the title.
  • Check pending property tax, electricity and water dues.
  • Confirm the possession status and whether the property is occupied.
  • Verify the approved plan and the condition of the building.
  • Read our commercial property auction guide before you bid.

Canara Bank Bhilwara Shop Auction: FAQs

What is the reserve price in the Canara Bank Bhilwara shop auction?

The reserve price is ₹23,23,000. Bids below the reserve price are not accepted.

When is the Canara Bank Bhilwara shop auction scheduled?

The e-auction is on 27 October 2026 from 11:00 AM to 1:00 PM. The last date for EMD is 26 October 2026, 5:00 PM.

How much EMD is required?

The earnest money deposit is ₹2,32,300. It is refunded to unsuccessful bidders.

Where is the property located?

It is in Bhilwara, Rajasthan – 311001.

Where can I see the official sale notice?

Search Auction ID 363925 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.

More Canara Bank and Rajasthan Auctions

Source: Auction ID 363925 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Canara 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 Canara Bank. Interested bidders are advised to inspect the asset and verify all details before participating.”

Property Details

TypeShops & Showrooms
Land Area260.26 sq ft
LocationBhilwara, Bhilwara, Rajasthan
PossessionSymbolic
EncumbrancesPlease refer to the sale notice

Location Map

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Auction Timeline

  1. 22 Sep 2026Auction Notice Published
  2. 23 Sep 2026Inspection Starts
  3. 26 Oct 2026Inspection Ends
  4. 26 Oct 2026Last Date for EMD Submission
  5. 27 Oct 2026, 11:00 AM to 1:00 PMe-Auction (Online Bidding)
  6. Post AuctionHighest Bidder Intimation
  7. 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.

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