Plot for auction 2 ft Shankar Mutt Road, Fort, Mysuru by Canara Bank

Discover an exceptional land parcel in the heart of Mysuru, located in the sought-after Fort Mohalla area. This property, measuring 116 feet by 116 feet, offers generous dimensions for a variety of development projects. Its strategic position on Shankar Mutt Road ensures excellent connectivity and accessibility within the vibrant city of Mysuru, Karnataka. Fort Mohalla itself is a well-regarded locality, known for its blend of traditional charm and modern conveniences, making it an attractive place for both residential and commercial ventures. This plot is being auctioned by Canara Bank as part of a SARFAESI process, presenting a compelling chance for investors and owner-occupiers alike to secure a valuable real estate asset. The property is designated as Residential and offers significant potential for capital appreciation and bespoke development, capitalizing on Mysuru's continuous growth as a key urban center in South India. Prospective buyers are encouraged to conduct thorough due diligence regarding zoning, development regulations, and any associated property encumbrances.

This SARFAESI auction presents a unique opportunity to acquire a prime plot of land located at Shankar Mutt Road, Fort Mohalla, Mysuru, Karnataka. The property, identified by No. 140/1A, spans an impressive 116 ft East to West and 116 ft North to South, offering a substantial area for development. Situated in the well-established Fort Mohalla, this plot benefits from a desirable location within Mysuru, a city renowned for its cultural heritage and growing economic opportunities. As a plot, it provides a blank canvas for discerning buyers, whether their interest lies in constructing a residential dwelling, a commercial establishment, or for investment purposes. The reserve price for this valuable asset is INR 88,566,000, with an Earnest Money Deposit (EMD) of INR 8,856,600 required to participate. This auction is conducted by Canara Bank, with BAANKNET serving as the service provider. Aspiring bidders are advised to note the application submission deadline of July 30, 2025, 05:00 PM, and the auction itself will take place on July 31, 2025, from 11:00 AM to 01:00 PM.