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Office SARFAESI Auction Symbolic Possession

2,005 sq meter Office for Sale (Bank Auction) in Bengaluru, Bengaluru – Canara

Bengaluru, Bengaluru, Karnataka · Auction ID #26919

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Office photo 1 Office photo 2 Office photo 3
Indicative Price ₹13,84,44,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area2,005 sq meter

Property Details

Property type
Office (Commercial)
Possession
Symbolic Possession
Area
2,005 sq meter (≈ 21,581 sq ft)
Reserve price / sq ft
₹6,415
Locality
Bengaluru
Pincode
560058
Address
Bengaluru, Karnataka, 560058 View on map

Description (as per sale notice)

All that piece and parcel of the Industrial Plot bearing No.553, formed out of Sy No.88, situated at 4th Phase, Peenya Industrial Area, Nallakadaranahalli Village, Yeshwanthapura Hobli, Bengaluru North Taluk, measuring 2,005.16 Square Meters, alongwith 1,000 Square Feet of AC Sheet with Iron Angles roofing Industrial Shed constructed thereon and bounded on the: East By: Plot No.552-A West By: KSSIDC Road and KSSIDC Land North By: KIADB Drain South By: KSSIDC Road

BAANKNET Property ID: CNRBSATISHENG

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
BENGALURU VIJAYANAGAR-1146
Auction type
SARFAESI Auction
Borrower
SATISH E*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹6,415 per sq ft. The average across commercial bank auctions in Bengaluru on our site is ₹23,471 per sq ft, so this one is 73% below 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRBSATISHENG)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — 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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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