Flat for auction H Siddaiah Road Bengaluru 1 Cr Canara Bank

A residential flat located in the prime area of H Siddaiah Road, Bengaluru, Karnataka. This property is part of a SARFAESI auction conducted by Canara Bank. It presents an excellent opportunity for prospective buyers seeking a home in a well-established locality. The flat is categorized as residential and is offered by the bank following due legal process. Ideal for individuals or families looking for property in a bustling city like Bengaluru.

Canara Bank is holding a SARFAESI auction for a residential flat situated on H Siddaiah Road, Bengaluru, Karnataka. The auction has a reserve price of ₹1,12,00,000 and requires an Earnest Money Deposit (EMD) of ₹11,20,000. The bidding will take place online on 25th November 2025, commencing at 10:30 AM and concluding at 11:00 AM. This is a unique chance to acquire a property through a transparent bank auction process. Interested bidders are advised to review all auction terms and conditions before participating.

The property's prime location in Bengaluru and the relatively affordable reserve price make it a strong investment opportunity. The symbolic possession status and 'Not Known to Bank' encumbrance details add some risk, but the location and potential for appreciation justify a 'Strong Buy' recommendation.