Plot for auction Alanahalli Village, Hampapura Hobli Mysuru 1 Cr Canara Bank

This is a residential plot located in Hampapura Hobli, Mysuru, Karnataka, offered for auction by Canara Bank under SARFAESI proceedings. The property is associated with the borrower M/s. Om Shree Gyana Jyothi Education Society. Situated in a key area, this plot presents a significant opportunity for development or investment in the Mysuru region. Its residential zoning makes it suitable for various housing projects or individual property ownership. The location benefits from the growing infrastructure and economic activity of Mysuru.

Canara Bank is conducting a SARFAESI auction for a valuable residential plot situated in Hampapura Hobli, Mysuru, Karnataka. The auction will commence on November 25, 2025, at 01:00 PM and conclude at 03:00 PM on the same day. The reserve price for this plot is INR 1,10,00,000, with an Earnest Money Deposit (EMD) of INR 11,00,000 required to participate. This is a prime opportunity to acquire a plot in a developing area of Mysuru through a transparent auction process managed by Canara Bank.

The property offers a calculated opportunity due to its land classification and location near Mysuru. The reserve price is relatively accessible, but potential investors should conduct thorough due diligence regarding land use regulations and local market conditions. The auction terms are standard, and the property's rural location requires careful consideration of future development potential.