Land for auction 29 Assessment No 44 Situated at Malali Vill, Sagar, Shivamogga by Canara

This SARFAESI auction, conducted by Canara Bank, offers a compelling opportunity for new property buyers to secure a residential asset in Shivamogga District, Karnataka. The property is situated in Malali Village, Sagara Taluk, an area with growing potential. The property itself consists of a residential building standing on land measuring 12.19 meters by 9.14 meters. Its location is further defined by specific boundaries: to the North lies remaining land in Sy No 29, to the South is the residence of Lakshmana, to the East is Sy No 29, and to the West, it is bordered by a road and Sy No 24. The property's coordinates are Latitude: 14.107240 and Longitude: 75.110283. This auction is an excellent entry point for individuals looking to invest in bank-auctioned properties, offering a chance to acquire a property with clear land and building components in a desirable locale. The reserve price is set at INR 21,00,000, with an EMD of INR 2,10,000 required from interested bidders.

This auction presents a unique opportunity to acquire a residential property located in the serene Malali Village, within the Ullur Grama Panchayath of Sagara Taluk, Shivamogga District, Karnataka. The property comprises a residential building with dimensions measuring 12.19 meters North and South, and 9.14 meters East and West. It is strategically situated with boundaries including remaining land in Sy No 29 to the North, the residence of Lakshmana to the South, Sy No 29 to the East, and a road along with Sy No 24 to the West. The geographical coordinates are approximately Latitude: 14.107240 and Longitude: 75.110283. This land and building asset, up for sale through a SARFAESI auction by Canara Bank, holds significant potential for prospective buyers seeking to invest in residential real estate within a developing region. The reserve price for this auction is INR 21,00,000, with an Earnest Money Deposit (EMD) of INR 2,10,000 required to participate.