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Hotel for sale in Koteshwar

📍 Udupi, UDUPI, Karnataka
Auction ID : 11167
Possession Status

Symbolic

Type of Auction

Commercial

District

Udupi

Inspection Date

19 Sep 2026

Auction Start

22 Sep 2026, 11:00 am

Auction End

22 Sep 2026, 12:00 pm

Closed
Ended 22 Sep 2026
₹5.51 Cr
₹5,51,00,000
Reserve price for this premium commercial auction.
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Commercial Details

— 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, 576222
Bank Name
Canara Bank
Borrower's Name
SUJATA SHEKHAR SHETTY
Asset Sub-type
Hotel
City / District
Udupi
State
Karnataka
Pincode
576222
Reserve Price
₹5,51,00,000
EMD Amount
₹55,10,000
EMD Date
21 Sep 2026, 05:00 pm
Bid Increment
₹1,00,000
Inspection Period
19 Sep 2026 to 19 Sep 2026
Legal Basis
Under SARFAESI
Borrower's Address
WO SHEKHAR SHETTY 1362 1 GANGA NIVAS BELGAUM GOA ROAD KHANAPUR KHANAPUR, KARNATAKA
Auction Extended To
22 Sep 2026, 06:30 am
Area
1784.00 sq. ft.
Carpet Area
1784.00 sq. ft.
Property Sub Type
Hotel
Checker Name
Siddhartha Sur
Checker Designation
CHECKER

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