Industrial Land & Building for auction Hosoor Udupi 55 lakh Canara Bank

This auction features an industrial property located in Hosoor, Udupi, Karnataka. The property consists of industrial land and a building, previously operated by M/s Shree Durga Cashew Industries. It's an excellent opportunity for investors or businesses looking to establish or expand their operations in a developing industrial area. The asset category is industrial, making it suitable for various manufacturing or processing activities. Being situated in Udupi, a significant commercial hub in Karnataka, offers strategic advantages in terms of logistics and market access.

Canara Bank is conducting a SARFAESI auction for an industrial land and building property in Hosoor, Udupi, Karnataka. The auction will take place online on November 20, 2025, from 11:00 AM to 12:00 PM. The reserve price for this valuable industrial asset is ₹54,50,000, with an Earnest Money Deposit (EMD) of ₹5,45,000 required to participate. This is a prime opportunity to acquire a substantial industrial property through a transparent bidding process facilitated by Canara Bank.

The property presents a moderate investment opportunity due to its industrial nature and location in Hosoor, Udupi. The reserve price is reasonable, but potential investors should conduct thorough due diligence. Consider the specific needs of cashew processing and market trends when evaluating this property.