Land And Building for auction Malligenahalli Village Shivamogga 16 lakh Canara Bank

This offering features a valuable Land and Building asset located in Bhadravathi, Shivamogga, Karnataka. This residential property is being auctioned by Canara Bank under SARFAESI regulations. Ideal for investment or personal use, the property presents a unique opportunity in a developing area. Don't miss the chance to acquire this desirable real estate.

Canara Bank presents a SARFAESI Auction for a Land and Building property in Bhadravathi, Shivamogga, Karnataka. The auction will be held on 20-11-2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price is set at ₹16,00,000, with an Earnest Money Deposit (EMD) of ₹1,60,000 required. This is a significant opportunity to acquire residential property through a transparent auction process.

The property in Bhadravathi offers a reasonable investment prospect given its residential land and building categorization. The location in Malligenahalli, Shivamogga adds to its potential. However, prospective buyers should thoroughly assess the local market conditions and complete necessary due diligence before participating in the auction due to the symbolic possession.