Property for Auction in Mudigere, Chikmagalur, Karnataka
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610495
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹23,74,000
EMD:₹2,37,400
Auction Time:10:00 AM to 12:30 PM
Service Provider:ebkray
Submission Date:25-12-2025 05:00 PM
Bid Start Date:2025-11-26
This auction features agricultural land located in the scenic Mudigere taluk of Chikmagalur district, Karnataka. Situated in a region known for its coffee plantations and natural beauty, this property offers potential for agricultural development or investment. The land is categorized as residential asset type, suggesting potential for mixed-use or future development beyond pure agriculture. Conveniently located within Chikmagalur, it benefits from the area's established infrastructure and connectivity.
State:Karnataka
City:Chikmagalur
Area:Mudigere
Asset Category:Residential
Full Address:Samse Village and Post, Kalasa Hobli, Mudigere Tq Sy No 143/1, Samse Village, Mudigere
Size:4.25 Acre
Canara Bank is conducting a SARFAESI auction for agricultural land in Mudigere, Chikmagalur, Karnataka. The auction will take place on November 26, 2025, starting at 10:00 AM and concluding at 12:30 PM. The reserve price for this property is ₹23,74,000, with an Earnest Money Deposit (EMD) of ₹2,37,400 required to participate. This is a prime opportunity to acquire agricultural land in a desirable region of Karnataka, offered through a secured bank auction process.
Borrower Name:MR. BOBE GOWDA
Auction Type:SARFAESI Auction
Encumbrance Details:Not Known to Bank
The agricultural land in Mudigere presents a calculated opportunity due to its location and potential for coffee and pepper cultivation. The reserve price appears reasonable, but potential buyers should assess market conditions and cultivation prospects. The auction terms are standard, warranting careful consideration of the investment.
Branch:Branch Office : ARM Branch
Service Provider:ebkray
Contact Details:
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