Canara Bank Kalaburagi Plot Auction: Plot (1,200 sq ft) – Reserve ₹30.6 Lakh (6 Nov 2026)
Verified Listing Upcoming
Property ID: BKN-366390
Property Description
Looking for a residential plot below market price in Kalaburagi? The Canara Bank Kalaburagi plot auction by Canara Bank is scheduled for 6 Nov 2026. On offer is a plot in Kalaburagi (PIN 585102), with 1,200 sq ft carpet area. The online auction runs on 6 November 2026 (11:30 AM to 12:30 PM) with a reserve price of ₹30,60,000.
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.
Table of Contents
Table of Contents
Canara Bank Kalaburagi Plot Auction: Key Highlights
- Reserve price: ₹30,60,000 (₹30.6 Lakh)
- EMD: ₹3,06,000
- Bid increment: ₹10,000
- Auction: 6 November 2026, 11:30 AM to 12:30 PM
- Last date for EMD: 5 November 2026, 4:00 PM
- Location: Kalaburagi, Karnataka
- Possession: Symbolic
Canara Bank Kalaburagi Plot Auction – Complete Details
| Auction ID | 366390 |
| Bank property ID | CNRB311373540 |
| Bank | Canara Bank |
| Branch | Kalaburagi Main |
| Property type | Residential – Plot |
| Carpet area | 1,200 sq ft |
| Locality | Kalaburagi |
| City / District | Kalaburagi |
| State | Karnataka |
| PIN code | 585102 |
| Type of possession | Symbolic |
| Type of action | Under SARFAESI |
| Reserve price | ₹30,60,000 |
| EMD | ₹3,06,000 |
| Bid increment | ₹10,000 |
| Auto-extension | 5 minutes per late bid |
About the Location – Kalaburagi
The property is located in Kalaburagi, Karnataka (PIN 585102). Karnataka is anchored by Bengaluru’s technology economy, while Mysuru, Mangaluru, Hubballi-Dharwad and Belagavi offer more affordable property options. The handling branch is Kalaburagi Main, which is usually the best contact for site visits and local queries.
Is the Canara Bank Kalaburagi Plot Auction Worth It?
At the reserve price, the property works out to about ₹2,550 per sq ft of carpet area – compare this with recent resale rates in Kalaburagi before you bid. The EMD of ₹3,06,000 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 Kalaburagi Plot Auction
- Inspection window: 4 November 2026, 10:00 AM to 4 November 2026, 4:00 PM
- EMD submission opens: 28 September 2026
- Last date for EMD: 5 November 2026, 4:00 PM
- E-auction: 6 November 2026, 11:30 AM to 12:30 PM
- Auto-extension: 5 minutes for every bid in the last minutes
How to Bid on BAANKNET
- Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
- Search for Auction ID 366390 and download the sale notice and terms.
- Inspect the property during the inspection window by calling the branch contact on 9632899181.
- Pay the EMD of ₹3,06,000 through the BAANKNET wallet before 5 November 2026, 4:00 PM.
- Log in on 6 November 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 chain.
- Confirm land use or zoning and road access on site.
- Check the survey sketch, boundaries and any encroachment.
- Verify that property tax and other local dues are clear.
- Read our auction property due diligence checklist before you bid.
Canara Bank Kalaburagi Plot Auction: FAQs
What is the reserve price in the Canara Bank Kalaburagi plot auction?
The reserve price is ₹30,60,000. Bids below the reserve price are not accepted.
When is the Canara Bank Kalaburagi plot auction scheduled?
The e-auction is on 6 November 2026 from 11:30 AM to 12:30 PM. The last date for EMD is 5 November 2026, 4:00 PM.
How much EMD is required?
The earnest money deposit is ₹3,06,000. It is refunded to unsuccessful bidders.
Where is the property located?
It is in Kalaburagi, Karnataka – 585102.
Where can I see the official sale notice?
Search Auction ID 366390 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More Canara Bank and Karnataka Auctions
- All Canara Bank auction listings
- More residential plot auctions
- Bank auctions in Karnataka
- Guide: reserve price bidding strategy
Source: Auction ID 366390 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
| Type | Residential Plots |
|---|---|
| Land Area | 1200 sq ft |
| Location | Kalaburagi, Kalaburagi, Karnataka |
| Possession | Symbolic |
| Encumbrances | Please refer to the sale notice |
Location Map
Auction Timeline
- 28 Sep 2026Auction Notice Published
- 4 Nov 2026Inspection Starts
- 4 Nov 2026Inspection Ends
- 5 Nov 2026Last Date for EMD Submission
- 6 Nov 2026, 11:30 AM to 12:30 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.