Representative illustration — Land bank auction in Palace Guttahalli
Representative illustration — not the actual property photograph.
Land Residential Physical possession Prime Investment

Land for Auction Palace Guttahalli Bengaluru 2.4 Crore by Canara Bank

Palace Guttahalli, Bengaluru

Area: 1315.65 sq. ft.

Southern Portion of Site No. 1/A, New Municipal No.5, PID No. 6-59-5, Nagappa Street, Palace Guttahalli, Bengaluru-560003

Canara Bank · ARM BRANCH-II , BENGALURU

Reserve price

₹2,42,00,000

EMD ₹24,20,000

Auction date

06 Aug 2026, 01:00 PM

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Quick read

  • Possession: Physical
  • Area: 1315.65 sq. ft.
  • Locality: Palace Guttahalli
  • Reserve: ₹2,42,00,000
  • EMD: ₹24,20,000

Auction snapshot

PossessionPhysical
Property typeLand · Residential
LocalityPalace Guttahalli
Built-up / plot area1315.65 sq. ft.
LenderCanara Bank
BranchARM BRANCH-II , BENGALURU
Unit / flat no.Site No. 1/A, New Municipal No.5
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerBAANKNET

About this property

Land bank auction in Palace Guttahalli, Bengaluru by Canara Bank — reserve price ₹2,42,00,000, 1315.65 sq. ft., Physical possession.

Explore this exclusive bank auction property in the heart of Bengaluru. This residential house, located at Palace Guttahalli, features a built-up area of 1315.65 sq. ft. Situated in a prime location with easy access to city amenities, this property is being sold by Canara Bank via e-auction. Ideal for investors and homebuyers, the auction for this Nagappa Street property is scheduled for August 6, 2026. Interested bidders must submit their EMD by August 5, 2026. Don't miss this opportunity to acquire a well-located asset in Bengaluru. For further details on the bidding process and property inspection, contact the ARM Branch-II, Canara Bank. Keywords: bank auction property, house for sale in Bengaluru, Palace Guttahalli property, Canara Bank e-auction.

GeoSquare note: The property is located in a well-established urban area of Bengaluru (Palace Guttahalli) with clear land dimensions and house structure. Given the bank's possession status and the strategic location in a central part of the city, it represents a strong investment opportunity for buyers looking for residential assets.

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