Plot for auction Makkalageri Village Gokak 9 lakh Canara Bank

This is a residential plot located in Gokak, within the Belagavi district of Karnataka. The property is being auctioned by Canara Bank under the SARFAESI Act. This offers a potential opportunity for investment or development in a developing area. Further details regarding the exact location, dimensions, and any existing encumbrances should be verified through the official auction documents. The plot is suitable for residential purposes.

Canara Bank is conducting a SARFAESI auction for a residential plot in Gokak, Belagavi, Karnataka. The auction has a reserve price of INR 850,000 and requires an Earnest Money Deposit (EMD) of INR 85,000. The auction will take place online on November 25, 2025, starting at 3:00 PM and concluding at 4:00 PM. Interested bidders must ensure they have completed all necessary KYC and pre-auction formalities as per the bank's guidelines. This is a secured asset auction, and bidders are advised to conduct thorough due diligence before participating.

The property is a plot in a developing area, Gokak, with a relatively low reserve price, making it a Calculated Opportunity. The 'Constructive' possession status and less detail around the location could pose slight risks, balanced by potential long-term appreciation.