Representative illustration — Commercial Property bank auction in Karatagi
Representative illustration — not the actual property photograph.
Commercial Property Commercial Symbolic possession Fair Option

Commercial Property for Auction Karatagi Koppal 87.3 Lakh by Canara Bank 27 May 2026

Karatagi, Koppal

Area: 2 Acres

Panchayat No.8-6-76 Sy No. 174/B, measuring 2 Acres

Canara Bank · Regional Office

Reserve price

₹87,26,000

EMD ₹8,72,000

Auction date

27 May 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 2 Acres
  • Locality: Karatagi
  • Reserve: ₹87,26,000
  • EMD: ₹8,72,000

Auction snapshot

PossessionSymbolic
Property typeCommercial Property · Commercial
LocalityKaratagi
Built-up / plot area2 Acres
LenderCanara Bank
BranchRegional Office
Building / societyM/S Varalakshmi Industries Rice Mill
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Commercial Property bank auction in Karatagi, Koppal by Canara Bank — reserve price ₹87,26,000, 2 Acres, Symbolic possession.

Bank auction property! A commercial shop for sale featuring a rice mill located in Karatagi, Koppal, Karnataka. This property includes a mill building, godown, drying yard, open shed, and compound wall, spanning 2 Acres. The e-auction is scheduled for May 27, 2026, with a reserve price of ₹8726000. EMD is ₹872000. Don't miss this opportunity to acquire a prime commercial asset through a bank auction. Inspection available on May 25, 2026. Contact Canara Bank for details.

GeoSquare note: The rice mill property in Karatagi offers potential, but the symbolic possession may present challenges. The property's price and location in a rural area suggest it's a mid-tier investment option. The auction details and the bank's information are clearly defined, allowing for informed decision-making.

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