Shop for Auction Permannur Mangalore 13.3 Lakh by Karnataka Bank 17 Jun 2026
Permannur, Mangalore
Area: 240 sq.ft.
Commercial Shop No.G-C9, bearing Door No. 2-11/26(9), Ground Floor, Green City
Karnataka Bank · Asset Recovery Management Branch
Reserve price
₹13,26,000
EMD ₹1,32,600
Auction date
17 Jun 2026, 10:50 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 240 sq.ft.
- ▸Locality: Permannur
- ▸Reserve: ₹13,26,000
- ▸EMD: ₹1,32,600
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Permannur |
| Built-up / plot area | 240 sq.ft. |
| Lender | Karnataka Bank |
| Branch | Asset Recovery Management Branch |
| Unit / flat no. | G-C9 |
| Building / society | Green City |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | Auctionbazaar |
About this property
Commercial Shop bank auction in Permannur, Mangalore by Karnataka Bank — reserve price ₹13,26,000, 240 sq.ft., Physical possession.
Bank auction property! A commercial shop for sale in Permannur, Mangalore. This shop is located in Green City, featuring a super built-up area of 240 sq.ft. The shop is on the ground floor and is part of a multi-storied building. The reserve price for this prime commercial space is ₹13,26,000.0, with an EMD of ₹1,32,600.0. Perfect for businesses looking for a strategic location in Mangalore. Don't miss this opportunity to own a valuable commercial property through a bank auction!
GeoSquare note: The property is a commercial shop in a developing locality of Mangalore with physical posession. With a reserve price of ₹13.26 Lakhs, it presents a moderate investment opportunity. While the location is promising, further due diligence is necessary to assess its market value and potential returns.
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