Property for Auction in SHIVAJI NAGAR,Bangalore, Bengaluru, Karnataka
Recommendation:Strong BuyScore: 7.8
Auction ID:614073
Bank Name:The Special Officer and Component Authority
Branch Name:Bengaluru
Reserve Price:₹9,69,95,000
EMD:₹97,00,000
Bid Increment:₹9,70,000
Auction Time:11 am to 1 pm
Service Provider:Public Auction
Submission Date:2025-12-11
Bid Start Date:2025-12-12
This is a commercial building located in the prime area of SHIVAJI NAGAR, Bangalore, Karnataka. Situated in a well-connected part of the city, this property offers significant potential for business and investment. Its location in Bengaluru, a major economic hub, makes it an attractive asset for commercial ventures. The building is part of a bank auction conducted by The Special Officer and Component Authority.
State:Karnataka
City:Bengaluru
Area:SHIVAJI NAGAR,Bangalore
Asset Category:Commercial
Full Address:25 Old No.1/1, No.25 Old No.1/1, Lady Curzon Road, Shivaji Nagar, Bengaluru, Shivaji Nagar, Bengaluru
Size:2200 sq.ft.
The Special Officer and Component Authority is conducting a SARFAESI auction for a commercial building in SHIVAJI NAGAR, Bangalore. The auction will take place on 12-12-2025, with bidding open from 11:00 AM to 01:00 PM. The reserve price for this property is ₹97,00,000, and the Earnest Money Deposit (EMD) required is ₹9,70,000. This is a prime opportunity to acquire a commercial asset in a sought-after location in Bengaluru, Karnataka.
Borrower Name:Bank property
Auction Type:SARFAESI Auction
Encumbrance Details:Properties are free of all encumbrances
This commercial building in Shivaji Nagar presents a strong investment opportunity due to its prime location and substantial size. While the reserve price is relatively high, the potential for commercial returns in this area justifies the investment. The clear title and auction terms make it a viable option for serious investors.
Branch:Branch Office : Bengaluru
Service Provider:Public Auction
Contact Details:
Contact no:6364403715