Non-Agricultural Land for auction Item no. 1 Udupi by Canara Bank

A prime parcel of Non-Agricultural Land located in Kundapura Taluk, Udupi, Karnataka. This residential asset, formerly associated with M/s Sapthami Cashew Industries, presents a significant investment opportunity in a developing region. The land offers versatile potential for residential development. Its location in Udupi district, known for its cultural heritage and growing economic activity, makes it an attractive prospect for builders and investors seeking property in a desirable South Indian locale.

Canara Bank is conducting an SARFAESI auction for a valuable Non-Agricultural Land in Kundapura Taluk, Udupi, Karnataka. The auction will take place on September 30, 2025, with bidding open from 10:30 AM to 11:30 AM. The reserve price is set at INR 2,43,00,000, and the Earnest Money Deposit (EMD) required is INR 24,30,000. This is a unique opportunity to acquire a substantial land asset through a transparent online auction process. Interested bidders are encouraged to review all auction terms and conditions provided by Canara Bank.