Land and Building for Auction Varthur Hobli Bengaluru 16.7 Crore by Canara Bank
Varthur Hobli, Bengaluru
Area: 1 Acre 23 Guntas Acres and Guntas
Property No. 1: Sy. No. 57/5, Varthur Village, Varthur Hobli, Bengaluru East Taluk
Canara Bank · ARM BRANCH-II , BENGALURU
Reserve price
₹16,67,00,000
EMD ₹1,66,70,000
Auction date
18 Jul 2026, 01:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1 Acre 23 Guntas Acres and Guntas
- ▸Locality: Varthur Hobli
- ▸Reserve: ₹16,67,00,000
- ▸EMD: ₹1,66,70,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Varthur Hobli |
| Built-up / plot area | 1 Acre 23 Guntas Acres and Guntas |
| Lender | Canara Bank |
| Branch | ARM BRANCH-II , BENGALURU |
| Unit / flat no. | Sy. No. 57/5 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Varthur Hobli, Bengaluru by Canara Bank — reserve price ₹16,67,00,000, 1 Acre 23 Guntas Acres and Guntas, Symbolic possession.
Discover a prime bank auction property in Bengaluru's rapidly developing Varthur Hobli. This valuable land and building, identified as Sy. No. 57/5, spans 1 Acre and 23 Guntas (out of an original 2 Acres 20 Guntas, with 37 Guntas for joint development). Offered by Canara Bank, ARM-II Branch, this 'Land and Building' category asset presents a significant investment opportunity. The e-auction for this Bengaluru East Taluk property is scheduled for July 18, 2026, from 01:00 PM to 03:00 PM, with a competitive reserve price of ₹16.67 Crores. Interested bidders must submit an EMD of ₹1.667 Crores by July 17, 2026. This bank auction property is under symbolic possession, and no encumbrances are known to the bank, making it a potentially strong buy for developers or investors seeking land for sale in Varthur.
GeoSquare note: This property offers a substantial land parcel (1 Acre 23 Guntas) in Varthur Hobli, Bengaluru, an area known for its rapid development and investment potential. Despite symbolic possession, the lack of known encumbrances is a positive factor. The reserve price of ₹16.67 Crores positions it as a significant investment opportunity, particularly appealing to developers or large-scale investors looking for prime land in a growth corridor.
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