Commercial Property for Auction Jayanagar 4th T Block Tilak Nagar Bengaluru 24.4 Crore by Pegasus Asset Reconstruction Pvt Ltd
Jayanagar, 4th T Block, Tilak Nagar, Bengaluru
Area: 15520 Sq.Ft.
Property bearing no. 764, Old No 76 in Survey No. 57, 30th Cross, 4th T Block, Tilak Nagar, Jayanagar, Division No. 58 (as per Deed Division No. 35), Bangalore-560011.
Pegasus Asset Reconstruction Pvt. Ltd · Mumbai
Reserve price
₹24,36,00,000
EMD ₹2,43,60,000
Auction date
28 Jul 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Symbolic
- ▸Area: 15520 Sq.Ft.
- ▸Locality: Jayanagar, 4th T Block, Tilak Nagar
- ▸Reserve: ₹24,36,00,000
- ▸EMD: ₹2,43,60,000
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Property · Commercial |
| Locality | Jayanagar, 4th T Block, Tilak Nagar |
| Built-up / plot area | 15520 Sq.Ft. |
| Lender | Pegasus Asset Reconstruction Pvt. Ltd |
| Branch | Mumbai |
| Unit / flat no. | No. 764, Old No 76 |
| Building / society | CEMA Towers and CEMA HEAVENA Apartment including A, B & C Blocks |
| Auction type | SARFAESI Auction |
| Service provider | drt.auctiontiger.net |
About this property
Commercial Property bank auction in Jayanagar, 4th T Block, Tilak Nagar, Bengaluru by Pegasus Asset Reconstruction Pvt. Ltd — reserve price ₹24,36,00,000, 15520 Sq.Ft., Symbolic possession.
Discover a prime bank auction property featuring a Commercial Building and CEMA Towers/HEAVENA Apartment blocks in the sought-after Jayanagar, Bengaluru. This significant land parcel, with an undivided share of 15,520 Sq.Ft. out of a total 22,695 Sq.Ft., includes existing structures. Situated at 30th Cross, 4th T Block, Tilak Nagar, this commercial property for sale offers excellent investment potential. The e-auction for this valuable asset is scheduled for July 28, 2026, with a reserve price of ₹243,600,000. An EMD of ₹24,360,000 is required. Inspection date is July 17, 2026. This bank auction property is an ideal opportunity for investors seeking high-value commercial and residential assets in a prominent Bengaluru locality.
GeoSquare note: This large commercial building and apartment complex in prime Jayanagar, Bengaluru, presents a significant investment opportunity. Its strategic location and mixed-use potential enhance its value, making it a Prime Investment despite the symbolic possession. Buyers should conduct thorough due diligence regarding the mentioned BBMP charges, but the overall potential is very strong for this high-value asset.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.
Browse more auctions in Bengaluru
Top areas
By property type
Top banks
Not in Bengaluru? Browse auction & news alerts for other cities