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Commercial in Alevoor

Alevoor

Reserve price
₹2.05 Cr
Auction date
04 Mar 2026
11:00 AM
EMD deadline
19 Sept 2025
5:00 PM
Bid increment
₹1,00,000.00

Location details

Property Address
“Green Acres” – B Wing in Udayavara Village, Udayavara Gram Panchayath limits, Udupi District
City: Alevoor
District: Udupi
State: Karnataka
Pin Code: 574118
Country: India
Nearest Airport / Railway Station / Bus Stand
MANGALORE AIRPORT, UDUPI RAILWAY STATION

Auction timeline

Auction starts
04 Mar 2026 at 11:00 AM
Auction ends
04 Mar 2026 at 12:00 PM
EMD submission deadline
19 Sept 2025 at 5:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Shops
Possession Status
Symbolic
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹2.39 Cr
Property Identifiers
Bank Property ID
CNRBDREAMLAND

Property Images

Price history

10 previous auctions
₹3.2Cr11 Sep₹2.8Cr₹2.8Cr₹2.7Cr₹2.4Cr₹2.0CrNow 36.7% down
₹2,15,00,000.00
16 Dec 2025
Commercial
Canara Bank logoCanara BankPossession: Symbolic
₹2,38,68,000.00
24 Oct 2025
Commercial
Canara Bank logoCanara BankPossession: Symbolic
₹2,38,68,000.00
20 Sep 2025
Commercial
Canara Bank logoCanara BankPossession: Symbolic

Borrower & Loan details

Borrower Name
DREAMLAND PROMOTERS AND DEVELOPERS
Registered Address of Borrower
M/s Dreamland Promoters & Developers Reg. Office @ Indian Fashion Ground floor, Famous Commercial Complex Near City Bus Stand Udupi – 576 101
Ownership of Property
Borrower
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
253765754
Possession Dates
Symbolic
13 Dec 2023

Additional details

Description
All that part and parcel of semi-finished Office cum Residential Complex named “Green Acres” – B Wing with a super built up area of 29383 Sqft (as per the approved plan) with 34.24 Percent undivided right over the land measuring 72 Cents (4 Cents in Sy No 56-36 and 68 Cents in Sy No 56-8) in Udayavara Village, Udayavara Gram Panchayath limits, Udupi District in the name of M/s Dreamland Promoters & Developers, represented by its Partners Mr Mohammed Althaf & Mrs Asifa Althaf. Boundaries: North by : Sy. No. 56-6, 56-7 South by : Sy. No. 56-11, 56-9, 56-10 East by : Road West by : Sy. No. 56-16

EMD Schedule

EMD Start
17 Feb 2026
5:09 PM
EMD Deadline
03 Mar 2026
5:00 PM
Payment Deadline
19 Sept 2025

Inspection Schedule

Inspection Start
14 Feb 2026
10:00 AM
Inspection End
02 Mar 2026
5:00 PM

Officer Details

Authorized Officer
Siddhartha Sur
CHECKER
Dealing Officer
PRASHANT PANDEY

Auction Rules

Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Property ID
CNRBDREAMLAND

Nearby Amenities

Nearest Station
MANGALORE AIRPORT, UDUPI RAILWAY STATION
Canara Bank logo
Canara Bank
Verified seller
Branch: SPECIALISED ARM BRANCH MANIPAL
IFSC: CNRB

Bank contact

+91 99999 99999+91 94498 62135
Branch Address
Ground Floor, Canara Bank HO Annex Bldg,
Branch IFSC
CNRB0007280
Department
SPECIALISED ARM BRANCH MANIPAL