Commercial Building for Auction Chilur Grama Govinakovi Hobli Davanagere 2.5 Crore by Canara Bank 25 Jun 2026
Chilur Grama, Govinakovi Hobli, Davanagere
Area: 42401.0 Sq Ft
Chilur Grama, Govinakovi Hobli, Honnali Taluk, Davanagere District-577230
Canara Bank · ARM Branch
Reserve price
₹2,50,00,000
EMD ₹25,00,000
Auction date
25 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 42401.0 Sq Ft
- ▸Locality: Chilur Grama, Govinakovi Hobli
- ▸Reserve: ₹2,50,00,000
- ▸EMD: ₹25,00,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Building · Commercial |
| Locality | Chilur Grama, Govinakovi Hobli |
| Built-up / plot area | 42401.0 Sq Ft |
| Lender | Canara Bank |
| Branch | ARM Branch |
| Building / society | Jnana Vahini Vidya Samsthe English Medium High School |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Commercial Building bank auction in Chilur Grama, Govinakovi Hobli, Davanagere by Canara Bank — reserve price ₹2,50,00,000, 42401.0 Sq Ft, Physical possession.
Discover a significant commercial bank auction property: a school building complex along with vacant land, offered by Canara Bank. Located in Chilur Grama, Govinakovi Hobli, Honnali Taluk, Davanagere District-577230, Karnataka, this extensive property spans approximately 42,401 Sq Ft. It comprises five distinct parcels (K No 418/1 to 418/5), featuring Mangalore Tiled School Buildings and a vacant site. This prime commercial shop for sale/institutional property is ideal for educational ventures, real estate developers, or large-scale investors. The reserve price is ₹2.5 Crore, with the e-auction scheduled for June 25, 2026. Benefit from clear physical possession and a transparent bidding process for this valuable asset.
GeoSquare note: This property, a large school building complex with associated vacant land totaling over 42,000 sq ft, represents a strong investment opportunity, particularly for educational institutions or developers. Its location in Chilur Grama, Honnali Taluk, Davanagere District, while semi-urban/rural, offers a substantial land parcel. The physical possession status by the bank simplifies the acquisition process, and the reserve price of ₹2.5 Cr appears competitive for a commercial asset of this scale and type.
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