Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:614198
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
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
A prominent commercial building located in the bustling Shivaji Nagar area of Bengaluru, Karnataka. This asset is part of a SARFAESI auction conducted by The Special Officer and Component Authority. The property offers significant potential for commercial ventures in a prime city location.
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.
Auction Description
This is a SARFAESI auction for a commercial building in Shivaji Nagar, Bengaluru, presented by The Special Officer and Component Authority. The auction will take place on December 12, 2025, from 11:00 AM to 01:00 PM. The reserve price is ₹9,69,95,000, with an Earnest Money Deposit (EMD) of ₹97,00,000 required to participate.
Borrower Name:Bank Property
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Properties are free of all encumbrances and are in the name of Competent Authority appointed by Government and confirmed by the Special Court under KPIDFE Act, 2004 and Hon'ble High Court Of Karnataka has cleared the title
Why This Property
This commercial building in Shivaji Nagar presents a strong investment opportunity due to its central location and substantial size. The cleared title and competitive reserve price, coupled with the area's commercial value, suggest potential for significant returns. While further due diligence is advised, the property's attributes align with a favorable investment profile.
Contact Details
Branch:Branch Office : Bengaluru
Service Provider:Public Auction
Contact Details:
Assistant Commissioner
Contact no:6364403715
