Property for Auction in Avathi Hobli, Chikmagalur, Karnataka
Auction ID:554586
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹1,50,00,000
EMD:₹15,00,000
Service Provider:BAANKNET
Submission Date:25-08-2025 05:00 PM
Bid Start Date:26-08-2025 11:30 AM
A substantial parcel of land located in the Avathi Hobli region of Chikmagalur, Karnataka. This residential land offers considerable potential for development. The property is being auctioned by Canara Bank under the SARFAESI Act, formerly belonging to Mr. HS Chandrashekar. Situated in a desirable locale, this land presents a unique investment opportunity. Explore the possibilities for building your dream home or a future development project on this expansive plot in Chikmagalur.
State:Karnataka
City:Chikmagalur
Area:Avathi Hobli
Asset Category:Residential
Canara Bank presents a SARFAESI auction for valuable land in Avathi Hobli, Chikmagalur, Karnataka. This is a prime opportunity to acquire a significant plot with a reserve price of ₹1,50,00,000. An Earnest Money Deposit (EMD) of ₹15,00,000 is required to participate. The auction will be conducted online on August 26, 2025, from 11:30 AM to 12:30 PM. Don't miss this chance to invest in a developing area. For further details on bidding procedures and property specifics, please refer to the official auction notice.
Borrower Name:Mr. HS Chandrashekar
Auction Type:SARFAESI Auction
Contact (Ph. No. 9591234680)