Land for auction 30 Extent: Avathi, Chikmagalur by Canara

This offering consists of a parcel of land situated in Avathi Hobli, within the scenic district of Chikmagalur, Karnataka. Classified as a residential asset, this land presents a blank canvas for development or investment. Its location in Avathi Hobli offers potential for future growth and appreciation. The property is being auctioned by Canara Bank under SARFAESI proceedings. Ideal for those seeking to purchase land for residential construction, agricultural purposes, or as a strategic investment. Explore the possibilities this plot holds.

Canara Bank is pleased to announce a SARFAESI auction for a prime piece of land located in Avathi Hobli, Chikmagalur, Karnataka. The property is offered for sale due to loan default by Mr. B B Sugandh. This is a fantastic opportunity to acquire land in a developing region. The auction will commence on August 26, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price is set at INR 75,00,000, with an Earnest Money Deposit (EMD) of INR 7,50,000 required to participate. Don't miss this chance to invest in a valuable asset.