Non Agricultural Land for Auction Padavu Village Shakti Nagara Dakshina Kannada 59.3 Lakh by State Bank of India 03 Jul 2026
Padavu Village, Shakti Nagara, Dakshina Kannada
Area: 0.04.50 A-C
Padavu Village, Mangaluru Taluk, within Mangaluru City Corporation limits and Registration Sub-District of Mangaluru City, D. K. District. Property No.21-1-551-910, Sy. No.22/2/(P), (Katha No. 1069628), 12th Cross, Near Rama Shakthi Mission, Shakti Nagara, Paduvu Village, Mangaluru-575006
State Bank of India · Stressed Assets Recovery Branch
Reserve price
₹59,30,000
EMD ₹5,93,000
Auction date
03 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 0.04.50 A-C
- ▸Locality: Padavu Village, Shakti Nagara
- ▸Reserve: ₹59,30,000
- ▸EMD: ₹5,93,000
Auction snapshot
| Possession | Physical |
| Property type | Non- Agricultural Land · Residential |
| Locality | Padavu Village, Shakti Nagara |
| Built-up / plot area | 0.04.50 A-C |
| Lender | State Bank of India |
| Branch | Stressed Assets Recovery Branch |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Non- Agricultural Land bank auction in Padavu Village, Shakti Nagara, Dakshina Kannada by State Bank of India — reserve price ₹59,30,000, 0.04.50 A-C, Physical possession.
Bank auction property for sale in Mangaluru! This non-agricultural land with a residential building is located in Padavu Village, Shakti Nagara, Mangaluru. The property spans 0.04.50 A-C and is situated within Mangaluru City Corporation limits. Auction date is 2026-07-03, with a reserve price of ₹5930000. Don't miss this opportunity to invest in a prime location in Dakshina Kannada, Karnataka. Contact State Bank of India, SARB, Bengaluru for more details.
GeoSquare note: This non-agricultural land with a residential building in Padavu Village, Mangaluru, presents a decent investment opportunity due to its location and clear posession status. The reserve price of ₹5930000 is reasonable, and the auction details are clearly defined. Although the property is in Mangaluru ,the property is encumbrance free and is an added advantage .
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