Land for auction Birunani Village Kodagu 37 lakh Canara Bank

This auction presents a valuable opportunity to acquire a parcel of land located in the picturesque Ponnampet Taluk, Kodagu district of Karnataka. Situated in a region known for its natural beauty and agricultural significance, this land parcel is ideal for residential development or agricultural pursuits. The property is being auctioned by Canara Bank under SARFAESI regulations. Benefiting from its strategic location within Kodagu, it offers potential for growth and appreciation. This is a direct sale from the bank, providing a secure and transparent transaction process.

Canara Bank is conducting a SARFAESI auction for a prime land property in Ponnampet Taluk, Kodagu, Karnataka. The auction will take place on December 12, 2025, with bidding open from 10:30 AM to 11:30 AM. The reserve price for this attractive asset is set at INR 37,00,000, with an Earnest Money Deposit (EMD) of INR 3,70,000 required to participate. This is a unique chance to own land in the scenic Kodagu region, offered directly by the bank through a well-defined auction process. Interested parties are encouraged to review all auction terms and conditions prior to bidding.

The property presents a calculated opportunity due to its location in a developing area of Kodagu. While land investments can be lucrative, the specific location and auction terms require careful evaluation. The reserve price seems reasonable given the size, making it a potentially worthwhile investment for those familiar with the local market.