16,000 sq ft Land & Building for Auction in Bengaluru – The Karnataka State Co operative Apex Bank Ltd

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

16,000 sq ft

Reserve price / sq ft

₹4,831

Locality

—

City

Bengaluru

State

Karnataka

Address

All that piece and parcel in respect of property bearing Site No.69 to 78, Khaneshumari No.65/69 to 78. measuring East to West 400 ft and North to South 40 it in total 16000 Sq ft, situated at Kanva Nagar. Danojipalya, Hamlet of Arasinakunte Village, Kasaba Hobi, Nelamangala Taluk, Bengaluru Rural District with building and commonly bounded on East by: Private Property, West by: Road, North by Road, South by: Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

The Karnataka State Co operative Apex Bank Ltd

Branch

Chamarajpet

Auction type

SARFAESI Auction

Borrower

Kanva G***** P*** L***

Auction start

27 Oct 2026, 11:30 AM

Auction end

27 Oct 2026, 12:30 PM

EMD submission deadline

26 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2402699

Price Check

This listing's reserve price works out to ₹4,831 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,011 per sq ft, so this one is 31% 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 (bankauctions.in (4Closure) · Listing 2402699), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹50,00,000 before 26 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 27 Oct 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.