Industrial Land Building for Auction Peenya Industrial Area Nallakadaranahalli Bengaluru 27.4 Lakh by Canara Bank 360579
Peenya Industrial Area, Nallakadaranahalli, Bengaluru
Area: 165000 Sq.ft
481/A, IV Phase, Peenya Industrial Area, Peenya, Sy No. 88, Nallakadaranahalli, Bangalore-560058
Canara Bank · ARM Branch I,Bangalore
Reserve price
₹27,45,000
EMD ₹2,74,500
Auction date
18 Jul 2026, 10:30 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 165000 Sq.ft
- ▸Locality: Peenya Industrial Area, Nallakadaranahalli
- ▸Reserve: ₹27,45,000
- ▸EMD: ₹2,74,500
Auction snapshot
| Possession | Symbolic |
| Property type | Industrial Land & Building · Industrials |
| Locality | Peenya Industrial Area, Nallakadaranahalli |
| Built-up / plot area | 165000 Sq.ft |
| Lender | Canara Bank |
| Branch | ARM Branch I,Bangalore |
| Unit / flat no. | 481/A |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,00,000 |
| Service provider | BAANKNET |
About this property
Industrial Land & Building bank auction in Peenya Industrial Area, Nallakadaranahalli, Bengaluru by Canara Bank — reserve price ₹27,45,000, 165000 Sq.ft, Symbolic possession.
Discover a prime industrial land and building for sale through a bank auction by Canara Bank. Located at 481/A, IV Phase, Peenya Industrial Area, Nallakadaranahalli, Bangalore-560058, this property boasts a land area of 4,146 Sq.mtr (44,628 Sq.ft) and a significant built-up area of 1,65,000 Sq.ft. This is an excellent bank auction property opportunity in a well-established industrial hub of Peenya, Bengaluru. The e-auction is scheduled for July 18, 2026, from 10:30 AM to 11:30 AM, with a reserve price of ₹27.45 Crores. Prospective buyers can inspect the property on July 10, 2026, with prior appointment. EMD submission deadline is July 17, 2026. This industrial property for sale presents a robust investment potential.
GeoSquare note: This industrial property in Peenya, Bengaluru, offers significant potential due to its prime location in a well-developed industrial area and substantial built-up area. Despite symbolic possession, the clear auction details and transparent process from Canara Bank make it a strong buy. The high reserve price reflects its value, and investors looking for large-scale industrial assets should consider this opportunity.
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