Property for Auction in SHIVAJI NAGAR,Bangalore, Bengaluru, Karnataka
Recommendation:Strong BuyScore: 7.8
Auction ID:614049
Bank Name:The Special Officer and Component Authority
Branch Name:Bengaluru
Reserve Price:₹96,99,500
EMD:₹9,70,000
Bid Increment:₹97,000
Auction Time:11 am to 1 pm
Service Provider:Public Auction
Submission Date:2025-12-11
Bid Start Date:2025-12-12
This auction features a prominent Commercial Building located in the bustling area of SHIVAJI NAGAR, Bangalore, Bengaluru, Karnataka. Situated in a prime commercial hub, this property offers excellent visibility and accessibility. The building is ideal for various business ventures, providing a solid investment opportunity in one of India's fastest-growing cities. Don't miss the chance to acquire this valuable commercial asset.
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 presents a SARFAESI Auction for a prime Commercial Building in SHIVAJI NAGAR, Bangalore. The auction will commence on 12-12-2025 at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this property is INR 97,00,000, with an Earnest Money Deposit (EMD) of INR 9,70,000 required. This is a unique opportunity to bid on a significant commercial property in a highly sought-after location.
Borrower Name:Bank property
Auction Type:SARFAESI Auction
Encumbrance Details:Properties are free of all encumbrances
Located in a prime area of Shivaji Nagar, Bangalore, this commercial building presents a strong investment opportunity. The property is free of encumbrances, and the auction terms seem reasonable. The location and size of the property support a 'Strong Buy' recommendation.
Branch:Branch Office : Bengaluru
Service Provider:Public Auction
Contact Details:
Assistant Commissioner, Office of the Special Officer & Competent Authority
Contact no:080-46010000