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Commercial in Mudbidri

Mudbidri

Reserve price
₹6.00 L
Auction date
16 Mar 2026
10:30 AM
EMD deadline
29 Dec 2025
5:00 PM
Bid increment
₹50,000.00

Location details

Property Address
Emt of converted land with proportionate undivided right bearing S.No. 122/18P56 measuring 14.50 Cents situated in Marapady Village, Moodabidri, Mangalore Taluk along with shop premises bearing 5-51-(2) with built up area of 170.00 Sq Ft on the ground floor with total plinth area measuring 2869 sqft in the building premises Known as "LOBO ARCADE"
City: Mudbidri
District: Dakshina Kannada
State: Karnataka
Pin Code: 574227
Country: India

Auction timeline

Auction starts
16 Mar 2026 at 10:30 AM
Auction ends
16 Mar 2026 at 11:30 AM
EMD submission deadline
29 Dec 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
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹6.70 L
Property Identifiers
Bank Property ID
CNRB62998821S2
Collateral ID
CNRB62998821S2

Property Images

Price history

1 previous auctions
₹6.7L30 Dec₹6.0LNow 10.4% down
₹6,70,000.00
30 Dec 2025
Commercial
Canara Bank logoCanara BankPossession: Physical

Borrower & Loan details

Borrower Name
HARDWARE CENTRE
Registered Address of Borrower
LOBO ARCADE, BEHIND CANARA BANK MOODABIDRI MARPADY VILLAGE, MOODABIDRI PIN 574227
Owner
ANIL CYPRIAN LOBO
Ownership of Property
Guarantor Cum Mortgagor
NPA Amount
₹1.56 Cr
NPA Date
28 Apr 2022
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
CNRB62998821S2
Customer ID
62998821
Possession Dates
Physical
14 Nov 2022

EMD Schedule

EMD Start
27 Feb 2026
3:36 PM
EMD Deadline
15 Mar 2026
5:00 PM
Payment Deadline
29 Dec 2025

Officer Details

Authorized Officer
ManJuraj C
Sr Manager1

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
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
Collateral ID
CNRB62998821S2
Property ID
CNRB62998821S2
Canara Bank logo
Canara Bank
Verified seller
Branch: MANGALURU SPECIALISED ARM BRANCH
IFSC: CNRB

Bank contact

+91 94808 43912
Branch Address
Canara Bank Bldg, II Floor, Balmatta Road, Hampankatta Post, MANGALURU, DAKSHINA KANNADA, KARNATAKA
Branch IFSC
CNRB0006296
Department
MANGALURU SPECIALISED ARM BRANCH