Plot for auction 52 Mtr. Road, West: Plot No.24, North: Agri Mahalbagayath, Vijayapura ...

Discover a promising residential plot located in Mahalbagayath, a developing area within Vijayapura, Karnataka. This property, identified as plot number 52 within Survey Number 823/B, spans 0.02.05.74 acres, offering a solid foundation for your real estate aspirations. The plot boasts a strategic location with a 9-meter road providing access from the East, enhancing its connectivity and potential for development. To the West, it is bounded by Plot No.24, to the North by agricultural land in RS No.823/3, and to the South by Plot No.51. Situated in Vijayapura, a city with growing economic and infrastructural development, this plot is well-positioned to benefit from future appreciation. As a vacant plot, it offers immense flexibility for buyers looking to construct their dream home or invest in a property with long-term growth potential. Understanding the local zoning regulations and development plans for Mahalbagayath will be crucial for maximizing the value of this land parcel.

This SARFAESI auction presents a prime opportunity to acquire a residential plot in Mahalbagayath, Vijayapura, Karnataka, brought to you by Canara Bank. The auction is scheduled to commence on July 31, 2025, at 11:30 AM and will conclude at 12:30 PM on the same day. Prospective buyers are required to submit their applications by July 19, 2025, at 4:00 PM. A key aspect for new buyers is the reserve price of ₹2,200,000, with an Earnest Money Deposit (EMD) of ₹220,000. This deposit signifies your commitment to participating in the bidding process. The property, measuring 0.02.05.74 acres, is located in Sy.No. 823/B, plot No.52, and is bordered by a 9-meter road to the East, Plot No.24 to the West, Agri land RS No.823/3 to the North, and Plot No.51 to the South. Familiarize yourself with the auction terms and conditions, which can typically be found on the service provider's platform, BAANKNET, and ensure all documentation is in order prior to the application deadline.