Agricultural Land for auction Mudigere Chikmagalur 1 Cr Canara Bank

This auction features a prime agricultural land parcel located in the scenic Mudigere taluk of Chikmagalur district, Karnataka. Situated in a region known for its coffee and spice plantations, this property offers excellent potential for farming and agricultural ventures. The land is well-suited for cultivating various crops and benefits from the favorable climate and fertile soil of the Western Ghats. Ideal for investors or individuals seeking to own a piece of Karnataka's rich agricultural landscape.

Canara Bank is conducting a SARFAESI auction for agricultural land in Mudigere, Chikmagalur, Karnataka. The reserve price is ₹1,25,37,000, with an Earnest Money Deposit (EMD) of ₹12,53,700. This is a unique opportunity to acquire agricultural land in a highly sought-after region. The auction will be held online on November 27, 2025, starting at 10:00 AM and concluding at 12:30 PM. Interested bidders are advised to review all auction terms and conditions before participating. Don't miss this chance to invest in agricultural property.

The agricultural land in Mudigere offers a decent investment prospect given its location and established coffee cultivation. The reserve price and EMD are considerable, requiring careful financial evaluation. While the location is promising, potential buyers should thoroughly investigate local agricultural market conditions before bidding.