Land and Building for Auction Derebail Village Mangalore 2.8 Crore by Canara Bank 30 Jun 2026
Derebail Village, Mangalore
Area: 4850.0 sqft
Flat No 2301, Door No 1-N-5-391/205, 23rd Floor, Bhandary Heights, Derebail Village, Mangaluru -575002
Canara Bank · ARM Branch Manipal
Reserve price
₹2,80,00,000
EMD ₹28,00,000
Auction date
30 Jun 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Symbolic
- ▸Area: 4850.0 sqft
- ▸Locality: Derebail Village
- ▸Reserve: ₹2,80,00,000
- ▸EMD: ₹28,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Derebail Village |
| Built-up / plot area | 4850.0 sqft |
| Lender | Canara Bank |
| Branch | ARM Branch Manipal |
| Unit / flat no. | Flat No 2301, Door No 1-N-5-391/205 |
| Building / society | Bhandary Heights |
| Floor | 23rd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Derebail Village, Mangalore by Canara Bank — reserve price ₹2,80,00,000, 4850.0 sqft, Symbolic possession.
Discover a unique bank auction property in Mangalore: a luxurious 23rd-floor residential apartment at Bhandary Heights in Derebail Village. This prime investment opportunity features a super built-up area of 4850 sqft, complemented by a private terrace with a swimming pool measuring 1925 sqft, offering an unparalleled lifestyle. The property also includes three exclusive car parking spaces and an undivided share in the common areas and non-agricultural land (1 Acre 10.20 Cents). Offered by Canara Bank via e-auction on June 30, 2026, with a reserve price of ₹2.8 Crores. Don't miss this chance to acquire a high-value flat for sale in a sought-after location.
GeoSquare note: This luxurious 23rd-floor apartment in Bhandary Heights, Mangalore, with its private terrace and swimming pool, represents a prime investment opportunity. Its unique features, substantial combined area (4850 sqft super built-up plus 1925 sqft private terrace), and inclusion of land rights make it highly attractive. Despite symbolic possession, the bank auction price of ₹2.8 Crores could offer significant value in a desirable urban location, making it a strong buy for discerning investors.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.
Browse more auctions in Mangalore
Top areas
By property type
Not in Mangalore? Browse auction & news alerts for other cities