All that immovable property situated in Koteshwara village, Kundapura Taluk, within the limit of Koteshwara Grama Panchayat – Mooli Right Area of the Land - Koteshwara Village Total area of Land - 1483.57 Sq.Mtr. Area of the building - 1784.37 Sq.Mtr (Above plot is the portion of the erstwhile S.No.354/4B and has been permitted to be used for commercial purpose, as per the terms of an endorsement dt 28-08-2014, vide no. ALN:CR:177/2014-15 AND ALN:SR:307/2014-15, issued by the Tahasildar kundapura, and the above plot is identified as plot is identified as plot 152600203900194376 in form 9 and 11A, dt 06-12-2022, issued by the PDO Grama Panchayath koteshwara).
Koteshwar, Udupi, Karnataka
Reserve price
₹5.51 Cr
Auction starts
22 Sep 2026, 05:30 AM
Open the full listingSale notice (PDF)View on the official portal
Auction details
| Reserve price | ₹5.51 Cr |
|---|---|
| EMD amount | ₹55.10 L |
| Auction starts | 22 Sep 2026, 05:30 AM |
| Auction ends | 22 Sep 2026, 06:30 AM |
| EMD deadline | 21 Sep 2026, 11:30 AM |
| Inspection | 19-09-2026 10:00 – 19-09-2026 17:00 |
| Bank | Canara Bank |
| Branch | SPECIALISED ARM BRANCH MANIPAL |
| Property type | Commercial |
| Sub type | Hotel |
| Extent | 1,784.37 sq m (largest of 2) |
| PIN code | 576222 |
| Status | Upcoming |
| Bank property ID | CNRB170007336317 |
| Type of auction | Under SARFAESI |
| Possession | Symbolic |
| Borrower address | WO SHEKHAR SHETTY 1362 1 GANGA NIVAS BELGAUM GOA ROAD KHANAPUR KHANAPUR, KARNATAKA |
| Authorised officer | Siddhartha Sur (CHECKER) |
| Inspection contact | PRABHU H V · 9449862135 |
| Bid increment | ₹100,000 |
| Auto-extension | Extends 5 min on a bid in the last 5 min |
| EMD window opens | 07 Sep 2026, 10:15 |
| Parcels in this lot | 2 |
| Extent (sale notice) | 1,483.57 sq m + 1,784.37 sq m |
| Village | Koteshwara |
| Taluka / tehsil | Kundapura |
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.