BanksAuctions.com logo
anksAuctions.com
CommercialUpcoming auctionVerified listing

Commercial in MYSORE

MYSORE, Mysuru

Reserve price
₹10.35 Cr
Auction date
03 Mar 2026
10:00 AM
EMD deadline
25 Nov 2025
5:00 PM
Bid increment
₹1,00,000.00

Location details

Property Address
All that piece and parcel of the property bearing Site No. A, Municipal Khatha No. A-1 to A-14, Situated at Laskar Mohalla, Mahadevpura Road, Udayagiri Mysore-570019. Measuring East to West 500 Feet and North to South 170+150/2 feet** and bounded on East By: Road West By: Road North By: Road South By: Road. Total extent of the property presently valued is 47916.99 Sq ft out of 80,000 Sq ft. Latitude - 12.3243566 Longitude - 76.6749867
Locality: MYSORE
City: Mysuru
District: Mysuru
State: Karnataka
Pin Code: 570019
Country: India

Auction timeline

Auction starts
03 Mar 2026 at 10:00 AM
Auction ends
03 Mar 2026 at 10:30 AM
EMD submission deadline
25 Nov 2025 at 5:00 PM

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

Property overview

Type
Commercial
Sub Type
Plot
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹12.77 Cr
Property Identifiers
Bank Property ID
CNRB73081
Collateral ID
CNRB73081

Property Images

Price history

4 previous auctions
₹12.8Cr25 Nov₹11.5Cr₹10.3CrNow 18.9% down
₹11,50,00,000.00
6 Feb 2026
Commercial
Canara Bank logoCanara BankPossession: Symbolic
₹11,50,00,000.00
16 Jan 2026
Commercial
Canara Bank logoCanara BankPossession: Symbolic
₹12,76,90,000.00
15 Dec 2025
Commercial
Canara Bank logoCanara BankPossession: Symbolic

Borrower & Loan details

Borrower Name
M/s Rafah-Ul-Muslimeen Educational Trust
Registered Address of Borrower
Farooqia Educational Complex, Umar Khayyam Road, Eidgah; Tilaknagar, Mysore 570021
Owner
Mr. Taj Mohammed Khan
Ownership of Property
Borrower
NPA Amount
₹77.54 Cr
NPA Date
31 Mar 2011
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
CNRB73081
Customer ID
7308223
Possession Dates
Symbolic
28 Oct 2019

Additional details

Description
All that piece and parcel of the property bearing Site No. A, Municipal Khatha No. A-1 to A-14, Situated at Laskar Mohalla, Mahadevpura Road, Udayagiri Mysore-570019. Measuring East to West 500 Feet and North to South 170+150/2 feet** and bounded on East By: Road West By: Road North By: Road South By: Road. Total extent of the property presently valued is 47916.99 Sq ft out of 80,000 Sq ft. Latitude - 12.3243566 Longitude - 76.6749867

EMD Schedule

EMD Start
13 Feb 2026
11:17 AM
EMD Deadline
02 Mar 2026
5:00 PM
Payment Deadline
25 Nov 2025

Inspection Schedule

Inspection Start
25 Feb 2026
10:00 AM
Inspection End
25 Feb 2026
2:00 PM

Officer Details

Authorized Officer
Ranjan Kumar
Authorised Officer - Scale - IV - CM
Dealing Officer
SAI VINAY P N

Auction Rules

Type of Action
Under SARFAESI
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
Collateral ID
CNRB73081
Property ID
CNRB73081
Canara Bank logo
Canara Bank
Verified seller
Branch: BENGALURU SPECIALISED ARM BRANCH
IFSC: CNRB

Bank contact

+91 99999 99999+91 98669 77711
Branch Address
#86, Spencer Towers, II Floor, M G Road
Branch IFSC
CNRB0002366
Department
BENGALURU SPECIALISED ARM BRANCH