Land for auction Chara Village Karkala 100 lakh Canara Bank

This auction features a prime plot of land located in the serene area of Karkala, Udupi, Karnataka. As a residential asset category, this land offers significant potential for development or personal use. Situated in a well-regarded locality, it presents a unique opportunity for investors and individuals seeking property in the Udupi district. The land is offered by Canara Bank through a SARFAESI auction, ensuring a clear title and transparent transaction process. Don't miss this chance to acquire valuable real estate in a growing region.

Canara Bank is conducting a SARFAESI auction for a valuable piece of land in Karkala, Udupi, Karnataka. The auction will take place on November 26, 2025, with bidding open from 11:00 AM to 12:00 PM. The reserve price for this residential land is INR 99,55,000, with an Earnest Money Deposit (EMD) of INR 9,95,500 required to participate. This is a fantastic opportunity to own property in Karkala, Udupi, facilitated by a reputable financial institution. Ensure all pre-auction formalities are completed to be eligible to bid on this desirable asset formerly associated with M/s Anitha Cashews.

The land parcels in Karkala present a calculated opportunity due to their location and size, with a moderate reserve price. While the property is land, potentially requiring development, the location in Udupi and clear title make it a worthwhile investment for those with regional expertise and interest in long term investments.