Plot for Auction Kelakuli Village Kasba Hobli Udupi 5.8 Crore by Canara Bank 30 Jun 2026

Quick read

• ▸Possession: Symbolic
• ▸Locality: Kelakuli Village, Kasba Hobli
• ▸Reserve: ₹5,85,00,000
• ▸EMD: ₹58,50,000

About this property

Plot bank auction in Kelakuli Village, Kasba Hobli, Udupi by Canara Bank — reserve price ₹5,85,00,000, Symbolic possession.

Discover a unique investment opportunity with Canara Bank's e-auction of multiple landed properties and a residential plot in Kelakuli Village, Kasba Hobli, Koppa Taluq, Chikkamagaluru District. The auction, scheduled for June 30, 2026, features a diverse portfolio of seven properties: six extensive land parcels (SY No 73/1 - 1 Acre 39 Guntas; SY No 77/2 - 3 Acre 2 Guntas; SY No 78 - 5 Acre 19 Guntas; SY No 80 - 8 Acre 13 Guntas; SY No 160 - 4 Acre; SY No 161 - 4 Acre), and one residential plot (SY No. 65 - 222.96 Sq Mtrs). These bank auction properties offer significant potential for development or agricultural use in a serene environment, with boundaries often touching Government Forest, roads, and natural features. The reserve price is ₹5,85,00,000, with an EMD of ₹5,850,000 and a bid increment of ₹100,000. Interested buyers should submit EMD by June 29, 2026. Possession is symbolic, and encumbrances are unknown to the bank. Contact Canara Bank ARM Branch Manipal for further details on this attractive opportunity.

GeoSquare note: This offering presents a strong buy opportunity due to the substantial size of multiple land parcels and a residential plot. While located in a rural area (Kelakuli Village, Koppa Taluq, Chikkamagaluru), the vast acreage offers significant long-term appreciation and potential for agricultural, development, or eco-tourism projects. The reserve price is competitive for the total area. The symbolic possession and unknown encumbrances require due diligence, but the overall land bank size makes it a compelling investment.