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Commercial in MAHALINGAPUR

MAHALINGAPUR, Mahalingpur

Reserve price
₹2.77 Cr
Auction date
06 Mar 2026
11:00 AM
EMD deadline
05 Mar 2026
5:00 AM
Bid increment
₹50,000.00

Location details

Property Address
CTS NO. 1292, TMC NO. 1574, BPCL PETROL PUMP, ADJACENT TO KSRTC BUS STAND, MAHALINGAPUR, MUDHOL TALUK, BAGALKOTE DISTRICT-587312
Locality: MAHALINGAPUR
City: Mahalingpur
District: Bagalkote
State: Karnataka
Pin Code: 587312
Country: India
Nearest Airport / Railway Station / Bus Stand
MUDHOL
Carpet Area: 859.53 sq m

Auction timeline

Auction starts
06 Mar 2026 at 11:00 AM
Auction ends
06 Mar 2026 at 5:00 PM
EMD submission deadline
05 Mar 2026 at 5:00 AM

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

Property overview

Type
Commercial
Sub Type
Shops
Area
859.53 sq m
(Carpet)
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹2.77 Cr
Property Identifiers
Bank Property ID
SBIN78443816684
CERSAI ID
200016788872
Collateral ID
48855308197748548

Property Images

Borrower & Loan details

Borrower Name
M/s. BADAMIKAR BROTHERS
Registered Address of Borrower
BPCL PETROL PUMP, ADJACENT TO KSRTC BUS STAND, MAHALINGAPUR -587312
Owner
GANESH LAXAMAN BADAMIKAR, LEGAL HEIRS UDAY S BADAMIKAR ARE Ms. LATHIKA, Miss. SNEHA, Miss. SHREYA
Ownership of Property
Borrower
NPA Amount
₹22.29 Cr
NPA Date
27 Feb 2017
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
48855308197748548
Customer ID
78443816684
Demand Notice
Notice Date
06 Mar 2017
Notice Amount
₹2.07 Cr
Asset Classification
Classification Date
25 Mar 2023
Classification ID
1
Possession Dates
Physical
23 Jun 2017
Symbolic
23 Jun 2017

Additional details

Property USP
The property Adjacent to KSRTC Bus Stand, Mahalingapur
Description
All that piece and parcel of property Bearing CTS NO. 1292, TMC NO. 1574, BPCL PETROL PUMP, ADJACENT TO KSRTC BUS STAND, MAHALINGAPUR, MUDHOL TALUK, BAGALKOTE DISTRICT-587312

EMD Schedule

EMD Start
11 Feb 2026
2:08 PM
EMD Deadline
05 Mar 2026
5:00 AM
Payment Deadline
05 Mar 2026

Inspection Schedule

Inspection Start
23 Feb 2026
11:00 AM
Inspection End
28 Feb 2026
5:00 PM

Officer Details

Authorized Officer
VINAYA K RAMA BHATTA
CHIEF MANAGER 2
Dealing Officer
VINAYA K BHAT

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
48855308197748548
CERSAI ID
200016788872
Property ID
SBIN78443816684

Nearby Amenities

Nearest Station
MUDHOL
State Bank of India logo
State Bank of India
Verified seller
Branch: SARB HUBBALLI-40564
IFSC: SBIN

Bank contact

+91 99002 46279+91 94489 46013
Branch Address
AVANI EMPORIO, NEAR ANANTH RESIDENCY JAYACHAMARAJA NAGAR HUBLI
Branch IFSC
SBIN0020824
Department
SARB HUBBALLI-40564