Land for auction 50 parcel of residential GOPALA(SHIVMAOGGA) Shivamogga by Canara

Discover the potential of this promising residential land parcel situated in the well-connected area of Gopala, Shivamogga, Karnataka. Spanning 1500 sq ft with dimensions of 30' x 50', this plot is legally described as Site No 04, within Ward 26, and identified by MK no. 497/1638/Ni No4, PID No. 37751. The property's boundaries are clearly defined: East by a road, West by Sy No 31, North by Site No. 3, and South by Site No. 5. Its strategic location offers convenient access to local amenities and infrastructure, making it an attractive prospect for future development. The precise geographical coordinates are Latitude: 13.939479 and Longitude: 75.549660, providing exact location details. This land presents a solid opportunity for new buyers looking to invest in a burgeoning area, whether for building a dream home or for future capital appreciation.

This SARFAESI auction, presented by Canara Bank via BAANKNET, offers a unique opportunity to acquire a valuable residential plot in Shivamogga, Karnataka. The auction for this land, located at Ward 26, Gopala Shivamogga, bearing Site No 04 (MK no. 497/1638/Ni No4, PID No. 37751), is scheduled to take place on July 31, 2025, with bidding open between 11:30 AM and 12:30 PM. The reserve price is set at ₹34,00,000, with an Earnest Money Deposit (EMD) of ₹3,40,000 required to participate. Interested buyers must submit their applications by 4:00 PM on July 30, 2025. For any queries, potential bidders can reach out via the contact number 8095819121. This auction represents a straightforward process for acquiring property directly from the bank, often at competitive prices. Familiarize yourself with the auction terms and conditions to ensure a smooth bidding experience.