Holebaagilu is situated on the banks of the Sharavathi River at about 30 km from Sagara. One has to take a diversion from B. H. Road towards Ikkeri Road to get there. The Sharavati backwaters of Linganamakki dam has submerged acres of land here. It is a place of natural beauty. It is situated in Kolur Grama Panchayat Limits. One has to take a "launch" (flatboat) to get across the backwaters to reach the other side where Sigandooru is located. The ride is really enjoyable. The first priority is given for localites and their vehicles in this launch since they are the affected ones due to this submersion. Madenur Dam which was submerged due to the construction of the Linganamakki Dam is at a short distance from here. It can be seen only during summer.

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Courtesy: Wikipedia