Hassan Property Auction: 3,357 Sq Ft Corner Site with Building – Reserve ₹74 Lakh (30 Oct 2026)
Verified Listing Auction Closed
Property ID: FB-49
Property Description
Looking for a house deal below market rates? The Hassan property auction listed by Federal Bank deserves a close look. A 3,357 sq ft residential site with a building at Guddenahalli on the edge of Hassan town, with roads on three sides, is up for e-auction at ₹74 lakh. The online e-auction is scheduled for 30 October 2026, with a reserve price of ₹74,00,000.
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
Hassan Property Auction: Key Highlights
- Reserve price: ₹74,00,000
- EMD: ₹7,40,000
- Auction date: 30 October 2026
- Last date for EMD / bid: 28 October 2026, 5:00 PM
- Location: Guddenahalli, Hassan, Karnataka
Hassan Property Auction – Complete Details
| Asset | 311.85 sq m site with building, Guddenahalli, Hassan |
| Description | Site No. 2 of 311.85 sq m (17.06 m x 18.28 m, about 3,357 sq ft) with building existing and/or to be constructed, abutting a 9 m road on the west and 10 ft roads on the north and south |
| Land area | 311.85 sq m (about 3,357 sq ft) |
| Survey / Plot No. | PID No. 151600603300101499, Khata No. 776, Site No. 2 |
| Village | Guddenahalli |
| Taluk | Hassan |
| District | Hassan |
| Reserve price | ₹74,00,000 |
| EMD (10%) | ₹7,40,000 |
General terms of the sale as stated in the notice:
| Bank | The Federal Bank Ltd. |
| Branch / Division | Hassan |
| Mode of sale | Online e-auction |
| Type of possession | Symbolic possession |
| Outstanding dues | ₹40,44,336 as on 31 March 2026 |
| Encumbrances | None stated; bidders to verify |
| Notice date | 22 September 2026 |
About the Location – Guddenahalli, Hassan
Guddenahalli is in Kasaba Hobli on the outskirts of Hassan, a district headquarters on the Bengaluru–Mangaluru NH 75, about 185 km from Bengaluru. Hassan is known for its proximity to Belur, Halebidu and Shravanabelagola, and for the Hassan Institute of Medical Sciences and the ISRO Master Control Facility. A site with road frontage on three sides is useful for a larger home or a mixed-use building.
Is the Hassan Property Auction Worth It?
At about ₹2,204 per sq ft including the building, the reserve is reasonable for a three-side road plot near Hassan town. Prices in recovery auctions are often attractive, but the real gain comes only after you factor in dues, taxes and transfer costs.
Important Dates for the Hassan Property Auction
- Sale notice date: 22 September 2026
- Inspection: By prior appointment with the Authorised Officer, LCRD Bangalore
- Last date for EMD and bid submission: 28 October 2026 (5:00 PM)
- E-auction: 30 October 2026
How to Bid in This Federal Bank Auction
- Register on the e-auction portal named in the notice 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 ₹7,40,000 by RTGS/NEFT and upload the bid form before 28 October 2026.
- Log in on 30 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 PID No. 151600603300101499, Khata No. 776, Site No. 2.
- 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 buying bank auction houses and villas 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, Bengaluru 560001 |
| Phone | 8095828647 |
| bgrlcrd@federalbank.co.in |
Hassan Property Auction: FAQs
What is the reserve price in the Hassan property auction?
The reserve price is ₹74,00,000. Bids below this amount are not accepted.
When is the Hassan property auction scheduled?
The auction is on 30 October 2026. EMD and bids must reach the bank by 28 October 2026.
How much EMD is required?
The earnest money deposit is ₹7,40,000, 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 house auctions
- Bank auctions in Karnataka
- Guide: Kerala bank auction houses guide
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 | Independent Houses |
|---|---|
| Land Area | 311.85 sq m (about 3,357 sq ft) |
| Location | Guddenahalli, Hassan, Karnataka |
| Possession | Symbolic |
| Encumbrances | None stated; bidders to verify |
Location Map
Auction Timeline
- 22 Sep 2026Auction Notice Published
- 28 Oct 2026Last Date for EMD Submission
- 30 Oct 2026e-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.