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
| Possession | Symbolic |
| Property type | Commercial Property · Commercial |
| Locality | Madiwala 1st Stage, BTM Layout, Siddhartha Colony |
| Built-up / plot area | 4500.0 sq ft |
| Lender | Canara Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH-I |
| Unit / flat no. | Old no 324/2, new no 132, PID No.66-1-132 |
| Floor | Ground, First and Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹2,00,000 |
| Service provider | BAANKNET |
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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