Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612779
Bank Name:Bank of Baroda
Branch Name:Regional Office
Reserve Price:₹12,06,000
EMD:₹1,20,600
Bid Increment:₹10,600
Auction Time:02:00PM to 06:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:03-12-2025 05:00 PM
Bid Start Date:2025-12-08
Property Description
This is a SARFAESI auction for a car in Bengaluru, Karnataka, owned by Mr. Basvaegowda and being auctioned by Bank of Baroda. The auction is for a vehicle with a reserve price of ₹12,06,000.0 and an Earnest Money Deposit (EMD) of ₹1,20,600.0. This presents an opportunity to acquire a vehicle through a transparent bank auction process in Bengaluru.
State:Karnataka
City:Bengaluru
Area:Bengaluru
Asset Category:Vehicle Auctions
Full Address:BANASHANKARI, BASVAEGOWDA, Bengaluru, Bengaluru
Auction Description
Bank of Baroda is conducting a SARFAESI auction for a car in Bengaluru, Karnataka. The auction will take place on December 8, 2025, starting at 2:00 PM and concluding at 6:00 PM. The reserve price for this vehicle is ₹12,06,000.0, with an EMD of ₹1,20,600.0 required to participate. This is a prime opportunity for interested buyers to bid on a vehicle through a formal bank auction.
Borrower Name:Mr , BASVAEGOWDA
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The Mahindra XUV 700 offers a good value proposition at the reserve price, given its market value. However, as a vehicle, its value depreciates faster than real estate. The auction terms are standard, making it a calculated risk for potential buyers looking for personal transportation.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:080-25011710
