Commercial Property for Auction Mavinakoppa Village Kasaba Hobli Shimoga 2.1 Crore by Canara Bank 04 Jun 2026
Mavinakoppa village, Kasaba Hobli, Shimoga
Area: 1.00 Acre
Sy No. 40/3 (old Sy No. 19), Mavinakoppa village, Kasaba Hobli, Hosanagara Taluk, Shimoga District
Canara Bank · ARM BRANCH: Mangaluru
Reserve price
₹2,10,00,000
EMD ₹21,00,000
Auction date
04 Jun 2026, 10:30 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 1.00 Acre
- ▸Locality: Mavinakoppa village, Kasaba Hobli
- ▸Reserve: ₹2,10,00,000
- ▸EMD: ₹21,00,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Property · Commercial |
| Locality | Mavinakoppa village, Kasaba Hobli |
| Built-up / plot area | 1.00 Acre |
| Lender | Canara Bank |
| Branch | ARM BRANCH: Mangaluru |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Commercial Property bank auction in Mavinakoppa village, Kasaba Hobli, Shimoga by Canara Bank — reserve price ₹2,10,00,000, 1.00 Acre, Physical possession.
Bank auction property! A commercial factory building for sale in Hosanagara, Shimoga, Karnataka. Located at Sy No. 40/3 in Mavinakoppa village, this property spans 1.00 Acre. The e-auction, conducted by Canara Bank, features a reserve price of ₹21000000.0 and an EMD of ₹2100000.0. The auction date is June 4, 2026. This is an excellent opportunity for investors seeking commercial properties in Karnataka. Contact Canara Bank's ARM Branch in Mangaluru for more details.
GeoSquare note: This commercial factory building in Hosanagara, Shimoga, presents a strong investment opportunity given its size and location. The auction by Canara Bank, with a reasonable reserve price and physical possession, increases its appeal. While the listing also includes hypothecated movable properties, the primary value is in the land and building, making it a worthwhile consideration.
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