Land for Auction Hirgana Village Udupi 1.1 Crore by Canara Bank 30 Jun 2026
Hirgana Village, Udupi
Area: 2.35 Acres
Hirgana Village, Karkala Taluk, Udupi District, Karnataka
Canara Bank · ARM Branch Manipal
Reserve price
₹1,08,00,000
EMD ₹10,80,000
Auction date
30 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 2.35 Acres
- ▸Locality: Hirgana Village
- ▸Reserve: ₹1,08,00,000
- ▸EMD: ₹10,80,000
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Hirgana Village |
| Built-up / plot area | 2.35 Acres |
| Lender | Canara Bank |
| Branch | ARM Branch Manipal |
| Unit / flat no. | Sy no 522/1A, 522/1C, 522/1 |
| Building / society | M/s Veekay Cashew Exports (Factory building) |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Hirgana Village, Udupi by Canara Bank — reserve price ₹1,08,00,000, 2.35 Acres, Physical possession.
Discover an exceptional bank auction property in Hirgana Village, Karkala Taluk, Udupi District, Karnataka. Canara Bank presents an e-auction for an industrial property comprising 2.35 acres of converted land with a factory building named "M/s Veekay Cashew Exports". This valuable asset, previously owned by Smt Flavia Kanthi Lobo and Mr Valerian Lobo, includes land parcels in Sy no 522/1A, 522/1C, and 522/1. The auction for this prime industrial land offers a reserve price of ₹1,08,00,000.0 and an EMD of ₹1,080,000.0. Bidding increments are set at ₹1,00,000.0. The e-auction is scheduled for 2026-06-30 from 11:00 AM to 12:00 PM. Physical possession has been taken by the bank, ensuring a clear transaction. This industrial land for sale is an ideal investment opportunity in the Karkala region, offering significant potential for industrial ventures.
GeoSquare note: This industrial land with a factory building spanning 2.35 acres presents a strong investment opportunity, especially with the bank having physical possession, ensuring a smoother transaction process. The location in Hirgana Village, Karkala, offers potential for industrial growth. The reserve price of ₹1,08,00,000.0 is competitive for an industrial property of this size, making it a 'Strong Buy' for investors seeking industrial assets.
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