Land for Auction Rachenahalli Bengaluru 83.2 Lakh by Canara Bank
Rachenahalli, Bengaluru
Area: 231412 sq. ft.
Rachenahalli Village, KR Puram Hobli, Bangalore East Taluk, Bangalore
Canara Bank · ARM BRANCH-II , BENGALURU
Reserve price
₹83,15,000
EMD ₹8,31,500
Auction date
12 Aug 2026, 01:00 PM
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Quick read
- ▸Area: 231412 sq. ft.
- ▸Locality: Rachenahalli
- ▸Reserve: ₹83,15,000
- ▸EMD: ₹8,31,500
Auction snapshot
| Possession | — |
| Property type | Land · Residential |
| Locality | Rachenahalli |
| Built-up / plot area | 231412 sq. ft. |
| Lender | Canara Bank |
| Branch | ARM BRANCH-II , BENGALURU |
| Unit / flat no. | Apartment No. C-308 |
| Building / society | VASATHI AVANTHE |
| Floor | Third Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land bank auction in Rachenahalli, Bengaluru by Canara Bank — reserve price ₹83,15,000, 231412 sq. ft..
Participate in this premium bank auction property sale featuring a substantial land parcel and a residential apartment located in Rachenahalli, KR Puram Hobli, Bengaluru. This bank auction property includes a composite amalgamated land area of approximately 5 acres and 12.5 guntas (2,31,412 sq. ft.), alongside an apartment (C-308) in the prestigious Vasathi Avanthe complex. This is a rare opportunity to acquire large-scale residential land in the developing outskirts of Bengaluru. With a reserve price of ₹83,15,000, this auction is ideal for developers and long-term investors looking for prime assets in East Bangalore. Ensure you complete your due diligence and submit the EMD by 11.08.2026 to participate in the e-auction on 12.08.2026.
GeoSquare note: This property offers a massive land area of over 5 acres in a well-connected region of Bengaluru, presenting significant development potential. The inclusion of an existing apartment unit in a branded project further enhances the value proposition for the investor. Given the competitive reserve price relative to the massive square footage, this is a highly attractive asset for institutional or large-scale private investors.
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