Land for auction 3 Boundries, Mudigere, Chikmagalur by SBI

This offering features a Land and Building property located in the scenic area of Mudigere, within the Chikmagalur district of Karnataka. Classified under the Residential asset category, this property presents a versatile opportunity. Situated in a region known for its coffee estates and natural beauty, the property is ideally positioned for various development or investment purposes. Its location in Mudigere offers accessibility and potential for growth. The property is part of a bank auction conducted by the State Bank of India under the SARFAESI Act.

State Bank of India presents a SARFAESI auction for a valuable Land and Building property in Mudigere, Chikmagalur, Karnataka. This is a prime opportunity for investors and developers. The property is associated with M/s Malnad Coffee Curing Works. The auction starts on September 2, 2025, at 11:00 AM and concludes at 4:00 PM on the same day. The reserve price is set at INR 2,36,00,000, with an Earnest Money Deposit (EMD) of INR 23,60,000 required to participate. Don't miss this chance to acquire a significant asset in a developing region.