Commercial Building for Auction Sathanur Road Channapatna 61.1 Lakh by Canara Bank 21 Jul 2026
Sathanur Road, Channapatna
Municipal Khata No. 1897, Municipal Old Property No. 1530/1, PID No. 26-1-10-26, Ward No. 26, Sathanur Road, Municipal 'B' Division, Channapatna Town, Ramanagara District, Karnataka.
Canara Bank · Regional Office : Mysuru
Reserve price
₹61,15,000
EMD ₹6,11,500
Auction date
21 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Sathanur Road
- ▸Reserve: ₹61,15,000
- ▸EMD: ₹6,11,500
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Building · Commercial |
| Locality | Sathanur Road |
| Lender | Canara Bank |
| Branch | Regional Office : Mysuru |
| Unit / flat no. | Property No. 1 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | Public Auction |
About this property
Commercial Building bank auction in Sathanur Road, Channapatna by Canara Bank — reserve price ₹61,15,000, Symbolic possession.
Discover a prime commercial bank auction property for sale in Channapatna, Ramanagara District, Karnataka. This valuable commercial land and building, identified as Property No. 1, is located on Sathanur Road, a key locality in Channapatna Town. Offered by Canara Bank, this property presents an excellent investment opportunity with a reserve price of ₹6,115,000. The e-auction is scheduled for July 21, 2026, with an EMD of ₹611,500. Potential buyers can inspect the property on July 20, 2026. This commercial building for sale is situated in Municipal 'B' Division, offering significant potential for business ventures or future development. Don't miss this Canara Bank auction to acquire a strategic commercial asset.
GeoSquare note: This commercial property in Channapatna offers good investment potential given its commercial category and a reasonable reserve price of ₹61.15 Lakhs. While the location in a district town is not a major metro, it still provides local market opportunities. The symbolic possession status introduces a moderate risk factor, potentially requiring additional effort for physical takeover. However, the 'Not known to Bank' encumbrance status is positive, making it a strong buy for investors willing to navigate the possession aspect.
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