Land for auction 15 parcel of residential Hosanagar, Shivamogga by Canara

This SARFAESI auction, conducted by Canara Bank, offers a valuable parcel of land in Shivamogga, Karnataka, with a reserve price of INR 1,950,000. The earnest money deposit (EMD) required to participate is INR 195,000. The auction will take place on July 31, 2025, with bidding open between 11:30 AM and 12:30 PM. Prospective buyers must submit their applications by July 30, 2025, at 5:00 PM. For inquiries, interested parties can contact 8095819121. This process is facilitated by the service provider BAANKNET. Understanding the specifics of bank auctions, such as the reserve price, EMD, and submission deadlines, is crucial for a smooth participation. We encourage new buyers to thoroughly review all documentation and conduct their due diligence before the auction date to make an informed decision.

This is an exceptional opportunity to acquire a prime plot of land located in the serene and developing region of Mudugoppa (Nagar) Village, within Hosanagara Taluk, Shivamogga District, Karnataka. The property, identified by PID No. 152400201300300405, spans 371.61 square meters and is situated in a location offering a blend of natural beauty and accessibility. Its boundaries are clearly defined, with a Grama Panchayath Road to the west, facilitating easy access. This plot presents a fantastic canvas for development, whether for a residential dwelling or other ventures, appealing to buyers looking for potential growth and a peaceful environment. The surrounding area is characterized by its natural landscape, making it an attractive proposition for those seeking a tranquil lifestyle or a strategic investment in a growing area.