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Commercial Hotel in Madikeri, Kodagu, Karnataka

Madikeri, Kodagu, Karnataka

This commercial property in Madikeri, Kodagu, Karnataka is up for auction by State Bank of India, at a reserve price of ₹10.05 Cr. The stated extent is 12,144 sq m. An earnest-money deposit of ₹1 Cr is due by 18 Nov 2026, 10:00 AM IST. Bidding opens on 18 Nov 2026, 11:00 AM IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.

Reserve price
₹10.05 Cr
Auction starts
18 Nov 2026, 11:00 AM IST

Open the full listingSale notice (PDF)View on the official portal

Auction details

Reserve price₹10.05 Cr
EMD amount₹1 Cr
Auction starts18 Nov 2026, 11:00 AM IST
Auction ends18 Nov 2026, 04:00 PM IST
EMD deadline18 Nov 2026, 10:00 AM IST
Inspection03-11-2026 10:00 – 17-11-2026 16:00
BankState Bank of India
BranchSARB BANGALORE-05173
Property typeCommercial
Sub typeHotel
Extent12,144 sq m
PIN code571201
StatusUpcoming
Bank property IDSBIN90028596034
Type of auctionUnder SARFAESI
PossessionPhysical
LocalityKodagu
Borrower address96, Coconut Garden 2nd Main, Nagarabavi Road, Bengaluru-560072
Authorised officerGOVIND BALLAL (CHIEF MANAGER 6)
Inspection contactGOVIND L BALLAL · 9449086490
Bid increment₹500,000
Auto-extensionExtends 10 min on a bid in the last 10 min
EMD window opens02 Nov 2026, 18:28
VillageKopatti
Taluka / tehsila Hobli
Survey no.192/12
PIN code checkThe notice quotes a different PIN — verify before bidding

Legal description

Sy.No.192/12, Kopatti Village, Kundacheri Panchayath, Bagamandala Hobli, Madikeri Taluk, Kodagu District, Karnataka- 573123

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This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.