Noida Shop Auction: Shops (2,099 sq ft) – Reserve ₹3.83 Cr (23 Oct 2026)

Canara Bank has put a shop up for sale through the Noida shop auction, open to all registered bidders on BAANKNET. On offer is a shops in Noida, Gautambuddha Nagar (PIN 201301), with 2,099 sq ft carpet area. The online auction runs on 23 October 2026 (12:30 PM to 1:30 PM) with a reserve price of ₹3,82,60,000.

The property is being sold under SARFAESI on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.

Noida Shop Auction: Key Highlights

• Reserve price: ₹3,82,60,000 (₹3.83 Cr)
• EMD: ₹38,26,000
• Bid increment: ₹50,000
• Auction: 23 October 2026, 12:30 PM to 1:30 PM
• Last date for EMD: 22 October 2026, 5:00 PM
• Location: Noida, Gautambuddha Nagar, Uttar Pradesh
• Possession: Symbolic

Noida Shop Auction – Complete Details

Auction ID	367546
Bank property ID	CNRB317816077A
Bank	Canara Bank
Branch	Karnal Specialised Arm Branch
Property type	Commercial – Shops
Carpet area	2,099 sq ft
City / District	Noida, Gautambuddha Nagar
State	Uttar Pradesh
PIN code	201301
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹3,82,60,000
EMD	₹38,26,000
Bid increment	₹50,000
Auto-extension	5 minutes per late bid

About the Location – Noida

The property is located in Noida, Gautambuddha Nagar district, Uttar Pradesh (PIN 201301). Uttar Pradesh is seeing fast real-estate growth around Noida, Greater Noida, Lucknow, Kanpur and Prayagraj, helped by new expressways and the Jewar airport project. The handling branch is Karnal Specialised Arm Branch, which is usually the best contact for site visits and local queries.

Is the Noida Shop Auction Worth It?

At the reserve price, the property works out to about ₹18,228 per sq ft of carpet area – compare this with recent resale rates in Noida before you bid. The EMD of ₹38,26,000 is 10% of the reserve price and is refunded to unsuccessful bidders. The real saving in a bank auction comes after you add stamp duty, registration, pending dues and repair costs to the bid, so set a firm ceiling before the auction starts. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.

Important Dates for the Noida Shop Auction

• EMD submission opens: 3 October 2026
• Last date for EMD: 22 October 2026, 5:00 PM
• E-auction: 23 October 2026, 12:30 PM to 1:30 PM
• Auto-extension: 5 minutes for every bid in the last minutes

How to Bid on BAANKNET

1. Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
2. Search for Auction ID 367546 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 8572816290.
4. Pay the EMD of ₹38,26,000 through the BAANKNET wallet before 22 October 2026, 5:00 PM.
5. Log in on 23 October 2026 and bid above the reserve in steps of ₹50,000; each late bid extends the auction by 5 minutes.

The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.

Due Diligence Checklist Before Bidding

• Obtain the encumbrance certificate and verify the title.
• Check pending property tax, electricity and water dues.
• Confirm the possession status and whether the property is occupied.
• Verify the approved plan and the condition of the building.
• Read our commercial property auction guide before you bid.

Noida Shop Auction: FAQs

More Canara Bank and Uttar Pradesh Auctions

• All Canara Bank auction listings
• More shop auctions
• Bank auctions in Uttar Pradesh
• Guide: buying bank auction shops and showrooms

Source: Auction ID 367546 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Canara Bank before bidding.