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Machine for sale in Karkal

Karkal, Udupi, Karnataka – 576117

Canara Bank · SPECIALISED ARM BRANCH MANIPAL

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹4,80,00,000
EMD
₹48,00,000
Bid increment
₹1,00,000

This is the 2nd auction of this property. The reserve price is 14.9% lower than at the last auction (₹5,64,00,000 on 19 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property13 Oct 2026, 10:00 AM – 13 Oct 2026, 5:00 PM
  2. Pay EMD and submit bid by14 Oct 2026, 5:00 PM
  3. Auction15 Oct 2026, 11:00 AM – 12:00 PM · today

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
15 Oct 2026₹4,80,00,000-14.9%Upcoming
19 Sep 2026₹5,64,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹48,00,000
Rest of 25% when you win (same or next day)
₹72,00,000
Balance 75%, usually within 15 days
₹3,60,00,000
Stamp duty and registration (about 5–8%, varies by state)
₹24.00 L – ₹38.40 L

You may bid above the reserve in steps of ₹1,00,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Other · Others
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
Plant and Machineries located in factory buildings of Bola Raghavendra Kamath & Sons Private LTD situated in Hiragana village and part machinery in Kukkundoor village.
Borrower
Bola Raghavendra Kamath & Sons Private LTD

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