Representative illustration — Commercial Property bank auction in Madiwala 1st Stage, BTM Layout, Siddhartha Colony
Representative illustration — not the actual property photograph.
Commercial Property Commercial Symbolic possession Prime Investment

Commercial Property for Auction Madiwala 1st Stage Btm Layout Siddhartha Colony Bengaluru 4.5 Crore by Canara Bank

Madiwala 1st Stage, BTM Layout, Siddhartha Colony, Bengaluru

Area: 4500.0 sq ft

Old no 324/2, new no 132, PID No.66-1-132, Hosur Road, Siddhartha Colony, Madiwala 1st Stage, BTM Layout, Bengaluru-560068

Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH-I

Reserve price

₹4,50,00,000

EMD ₹45,00,000

Auction date

30 Jun 2026, 10:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 4500.0 sq ft
  • Locality: Madiwala 1st Stage, BTM Layout, Siddhartha Colony
  • Reserve: ₹4,50,00,000
  • EMD: ₹45,00,000

Auction snapshot

PossessionSymbolic
Property typeCommercial Property · Commercial
LocalityMadiwala 1st Stage, BTM Layout, Siddhartha Colony
Built-up / plot area4500.0 sq ft
LenderCanara Bank
BranchASSET RECOVERY MANAGEMENT BRANCH-I
Unit / flat no.Old no 324/2, new no 132, PID No.66-1-132
FloorGround, First and Second Floor
Auction typeSARFAESI Auction
Bid increment₹2,00,000
Service providerBAANKNET

About this property

Commercial Property bank auction in Madiwala 1st Stage, BTM Layout, Siddhartha Colony, Bengaluru by Canara Bank — reserve price ₹4,50,00,000, 4500.0 sq ft, Symbolic possession.

Acquire a prime commercial land and building through this Canara Bank e-auction in Madiwala, Bengaluru. This strategic commercial property, located at Old no 324/2, new no 132, PID No.66-1-132, on Hosur Road, Siddhartha Colony, Madiwala 1st Stage, BTM Layout, features a substantial built-up area of 4500 sq ft across ground, first, and second floors, on a plot area of 1750 sq ft. The property is offered with a reserve price of ₹4.50 Crores, and the Earnest Money Deposit is ₹45.00 Lakhs. Bid increments are set at ₹2.00 Lakhs. The auction is scheduled for June 30, 2026, from 10:00 AM to 11:00 AM. Bidders must submit their EMD by June 29, 2026, 5:00 PM. This bank auction property presents an excellent investment opportunity in one of Bengaluru's thriving commercial hubs.

GeoSquare note: This commercial land and building in Bengaluru's Madiwala area offers strong investment potential due to its prime location and substantial 4500 sq ft built-up area. The property type is highly desirable for commercial ventures. Although possession is symbolic, common in bank auctions, the competitive reserve price of ₹4.50 Crores and clear auction details make this a compelling opportunity for investors or businesses.

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