1 sq feet Flat for Auction in Bengaluru, Bengaluru – Canara

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

1 sq feet (≈ 1 sq ft)

Reserve price / sq ft

₹51,00,000

Locality

Bengaluru

City

Bengaluru

State

Karnataka

Pincode

560078

Address

Bengaluru, Karnataka, 560078 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

BENGALURU SPECIALISED ARM BRANCH

Auction type

SARFAESI Auction

Borrower

PRASANNA K**** M N

Auction start

28 Sep 2026, 10:30 AM

Auction end

28 Sep 2026, 11:30 AM

EMD submission deadline

25 Sep 2026, 05:00 PM

Inspection

23 Sep 2026, 01:00 PM – 23 Sep 2026, 02:00 PM

Authorised officer

VIGNESH N

Officer contact

9486092152

E-auction portal

BAANKNET (Property ID CNRBPRASA)

Price Check

This listing's reserve price works out to ₹51,00,000 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,035 per sq ft, so this one is 72395% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 23 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRBPRASA)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 25 Sep 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 28 Sep 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.