Shed for Auction Auto Nagar Kanbargi Belagavi 1.3 Crore by Canara Bank 15 Jul 2026
Auto Nagar, Kanbargi, Belagavi
Area: 520.66 Sq. Mtrs
KIADB Industrial Area, Auto Nagar, Kanbargi, Belgaum Taluk and District
Canara Bank · Regional Office : Belagavi
Reserve price
₹1,29,65,000
EMD ₹12,96,500
Auction date
15 Jul 2026, 12:00 PM
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Quick read
- ▸Possession: CONSTRUCTIVE POSSESSION
- ▸Area: 520.66 Sq. Mtrs
- ▸Locality: Auto Nagar, Kanbargi
- ▸Reserve: ₹1,29,65,000
- ▸EMD: ₹12,96,500
Auction snapshot
| Possession | CONSTRUCTIVE POSSESSION |
| Property type | Shed · Industrials |
| Locality | Auto Nagar, Kanbargi |
| Built-up / plot area | 520.66 Sq. Mtrs |
| Lender | Canara Bank |
| Branch | Regional Office : Belagavi |
| Unit / flat no. | Plot No 1324/B, from out of R. S No. 54 |
| Building / society | KIADB Industrial Area |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Shed bank auction in Auto Nagar, Kanbargi, Belagavi by Canara Bank — reserve price ₹1,29,65,000, 520.66 Sq. Mtrs, CONSTRUCTIVE POSSESSION possession.
Discover an excellent opportunity to acquire an industrial shed through a bank auction in the prime KIADB Industrial Area, Auto Nagar, Kanbargi, Belgaum. This property, spanning 520.66 Sq. Mtrs (Plot No 1324/B, R. S No. 54), includes a well-equipped industrial shed with a 65 HP power connection and borewell. The Canara Bank e-auction offers this valuable industrial property with a reserve price of ₹12,965,000.0 and an EMD of ₹1,296,500.0. The auction is scheduled for July 15, 2026. Ideal for businesses looking for an industrial property for sale or investment in Belgaum's growing industrial belt.
GeoSquare note: This industrial shed offers significant potential due to its location in the established KIADB Industrial Area with power and borewell facilities. The price point seems reasonable for an industrial asset of this size. While the possession status is constructive, making it a 'Strong Buy' for industrial investors, careful due diligence is advised regarding the existing liability and conversion to physical possession.
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