House for Auction Maddalakana Village Chikkaballapur 36 Lakh by Union Bank of India 14 Jul 2026
Maddalakana Village, Chikkaballapur
Area: 3.775 Acres
Sy No. 28/2, Maddalakana Village, Kasaba Hobli, Bagepalli Taluk, Chikkaballapur District
Union Bank of India · ASSET RECOVERY BRANCH, BENGALURU NORTH
Reserve price
₹36,00,000
EMD ₹3,60,000
Auction date
14 Jul 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 3.775 Acres
- ▸Locality: Maddalakana Village
- ▸Reserve: ₹36,00,000
- ▸EMD: ₹3,60,000
Auction snapshot
| Possession | Symbolic |
| Property type | House · Residential |
| Locality | Maddalakana Village |
| Built-up / plot area | 3.775 Acres |
| Lender | Union Bank of India |
| Branch | ASSET RECOVERY BRANCH, BENGALURU NORTH |
| Unit / flat no. | Sy No. 28/2 |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
House bank auction in Maddalakana Village, Chikkaballapur by Union Bank of India — reserve price ₹36,00,000, 3.775 Acres, Symbolic possession.
Union Bank of India presents an excellent opportunity to acquire a commercial agricultural land property through e-auction. Located at Sy No. 28/2, Maddalakana Village, Bagepalli Taluk, Chikkaballapur District, Karnataka, this expansive 3.775-acre (3 Acre 31 Guntas) plot features a functional poly house and a packing house, making it ideal for large-scale farming or agricultural business ventures. The property is offered with symbolic possession. Bidders can participate in the e-auction on July 14, 2026, from 12:00 Noon to 05:00 PM, with a competitive reserve price of ₹3,600,000.0 and an EMD of ₹360,000.0. This bank auction property offers significant potential for agricultural investors seeking a well-equipped land parcel in Karnataka.
GeoSquare note: This property is an agricultural land parcel with established poly house and packing house structures, suitable for commercial farming in Maddalakana Village, Chikkaballapur. The reserve price of ₹3,600,000 for 3.775 acres with existing infrastructure presents a fair investment opportunity for specialized buyers. However, the 'Symbolic Possession' status warrants thorough due diligence from potential investors, making it a fair option rather than a prime investment for general buyers.
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